Stock tips from Anand Rathi: Buy Crompton Greaves, DHFL; Sell Hindalco
The Sharp Investment has been consolidating in a range from last 13 weeks and has managed to hold the support base above Rs 1,700-1,730 zones. It has given a price volume breakout above Rs 1,800 zones by forming a small triangle on daily chart. It has managed to close above 50 DMA and also set to surpass its falling supply trend line. Thus we are recommending buying the stock with stop loss of Rs 1,785 for the upside target of Rs 1,890 levels.
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