Short term momentum calls for 19th August, 2016

Short term momentum calls for 19th August, 2016

  8:11 AM    Unknown

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We have identified two stocks that could run up in the short term as there is steam left for another leg up in both the stocks.

1. HDFC Bank

Clearly a leader among the banking sector for past decade, this stock still has more room in the upside especially on the very short term basis. Though the moves have become slower off late, we believe it's consistent performance could push up prices once again.

2. HimatSeide

Ready for another spin on the upside. This manufacturing company has the potential to push prices further up in the coming days. We could see prices moving towards 280 and 300 in this stock.