Big Movers on D-Street: What should investors do with HDFC AMC, Tata Motors and Central Bank of India?
Indian markets closed higher on Tuesday with Fag-end buying. HDFC AMC rose by 11.29%, while Tata Motors was up by 3%, and Central Bank of India surged by 5.44%. Viral Chheda, Sr Technical Analyst at SSJ Finance & Securities, suggests buying these stocks. HDFC AMC is moving above its 20 DMA and 200 DMA and is expected to move further upside with significant volume. Tata Motors has performed well with its major averages of 20 DMA, 50 DMA and 200 DMA moving upwards. Central Bank of India has breached the downward falling channel on a positive note, indicating an upward movement.
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