Market Assessment and Prospective Trends

Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.HDFC AMCThe counter is in a classical uptrend and a breakout of symmetrical triangle formation with strong volumes. The overall structure is very bullish as it trades above its all-important moving averages.One can take a position at CMP Rs 2855 as it created a strong base around Rs 2650 at 9 and 20-DMA for a target of Rs 3140.Read more:

1. Quarterly earnings, crude prices, geopolitical uncertainties to dictate market trends this week: Analysts - Daily Excelsior
2. Big movers on D-Street: What should investors do with HDFC AMC, Infosys and Tata Consumer? - MSN

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