Today The rate sensitive stocks which have been under pressure recently on rate cut concerns bounced back in trade today. The Reserve Bank of India will hold its policy meet on July 30 and there are worries that the central bank may hike interest rates due to weak rupee and inflationary pressure.
Free Calls-
Buy- Hindalco Industries above 103.50 with Target 104.30/105/105.60 SL- 101.0
Buy- HUL above 686.0 with Target 689/693/696.0 SL- 675.0
Sell- ICICI Bank below 962.0 with Target 957/952/947.0
Free Calls-
Buy- Hindalco Industries above 103.50 with Target 104.30/105/105.60 SL- 101.0
Buy- HUL above 686.0 with Target 689/693/696.0 SL- 675.0
Sell- ICICI Bank below 962.0 with Target 957/952/947.0