Buy the dip in UPL; go long on Hindalco, says Vishal Malkan
Vishal Malkan analyzes the market's strong bottom at 22,000, recommends Tata Power, Sun Pharma, Glenmark stocks. Malkan further favours Ashok Leyland while suggesting UPL as a buy on dip. Metals showing strength, with Hindalco poised for gains. There is a very strong support for Hindalco at around 610-615 which was a resistance earlier. With that stop loss, one can go long for targets of 690 and 700 plus.