Web Exclusive: Should you buy news-based stocks HCC, Suzlon?
HCC, Suzlon and Coal India are among the few news-based stocks that are buzzing in trade today. Is it a good time to buy them? Check out the strategies with Hemen Kapadia, CEO, Chart Pundit.
Smartinvestor : The markets have started the F&O expiry week on a positive note. How do you see the Nifty shaping up over the next few days? Do you think it can re-test the 4,800 mark post expiry?
Hemen Kapadia : The Nifty has been rangebound between 5020 & 5180 over the last 10 trading sessions and would need to breakout on either side for a 200 point move to materialise.
Hemen Kapadia : As of now, there is a mild upward bias. Too early to take a call on re-test of 4800 post expiry but sometime down the line it does seem possible.
Smartinvestor : A lot of mid-cap names such as Sintex, HCC and Suzlon have gained ground in today's session based on newsflow. How do they look on the technical parameters?
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