What to Trade Next Week?

With an improvement in Macro-Economic Numbers with Inflation coming down to multi-month lows & IIP data showing a good improvement, revival in Monsoon, crude moving down around 107 $ per barrel & acceleration in FII Flows have led the Index to closed in green.

Expect Nifty to find support around 7570 & till this support zone holds, can further move up to 7800.

Fresh Trade to Open:

HDFC  CMP 983 for the TGT Price of 1000+

Open Trades:

ITC CMP 331 for the TGT Price of 360
ALLBank CMP 141.75 for the TGT Price of 150-160