Stock Radar: HUDCO breaks out from falling trendline resistance; time to buy after 30% fall from highs?
Housing & Urban Development Corporation (HUDCO) is showing signs of recovery after a 30% drop from its peak. Experts advise high-risk traders to consider buying the stock with a target of Rs 247-265 in three to four weeks. The stock has broken out from a downtrend and is showing positive market sentiment.