The latest analysis and commentary by Sameet Chavan, Technical Analyst at Angel Broking on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about HDFC, Larsen and Toubro.

Speaking about individual stocks, Chavan said, “Since last couple of days HDFC has been finding buying interest support around its lower end. Today we are seeing good traction, we expect continuation of on-going momentum. So, stock can head towards Rs 2,035 over the next couple of days and we would keep a stop loss around Rs 1,938.”

“Larsen and Toubro (L&T) can head towards Rs 1,394. One can go long with a stop loss of Rs 1,330,” he added.

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