Nifty Update for August 27 - Inder Bhatia

The Indian market opened on a weak note but saw a smart recovery in the last hour of the trading session.

For the coming day, we could expect more upside toward 4400-4423 levels. On the upside 4431 will act strong resistance. If the Nifty crosses 4450, we could see it testing 4700-4750. On the lower side 4284 will act as support zone.

Hot Call: Buy HCLTECH above 231 TGT 235>239 Stoploss 229.

Buy HDFCBANK above 1262 TGT 1276>1295 Stoploss 1251.