Stock Picks for ET Markets by HDFC Securities

Buy WSTCSTPAPR @ 429, Stoploss 408, Target 465. Timeframe 2-3 Weeks.

• The stock price is in a strong upside momentum over the last few sessions
• We observe a formation of crucial bottom reversal pattern recently at the low of Rs 375 on 9th March
• The stock price is currently in an attempt of moving above the hurdle of Rs 440 450 levels.
• Volume has started to expand during upside breakout in the stock price and daily RSI shows positive indication

Buy ANGELONE @ 230, Stoploss 218, Target 250. Timeframe 2-3 Weeks.

• The stock price has witnessed sharp upmove after the formation of crucial bottom recently around Rs 209 levels.
• The bullish pattern like higher tops and bottoms have started to unfold on the daily chart.
• Currently in an attempt of bouncing back sharply from the higher bottom of Rs 219 of 23rd March.
• Volume and RSI patterns are indicating positive bias for the stock price ahead.