Day Trading Stocks & Futures

Stock to watch in coming 6 months is Godrej Consumer Products. It has appointed Mr Sudhir Sitapathi ( from Hindustan Unilever ) as its new MD and CEO. Past data shows that when the consumer product company appoints a new CEO from outside, the stock appreciates substantially in next 1 year......hopefully the same happens with Godrej Consumers.Mr Sitapathi will join after 6 months but stock has taken an advance start before his joining.......

Smart_trade
 
Seems HDFC bank has changed trend to UP (short term). 200 SMA (on 1 minute chart) is below and 1470 resistance is now support. It may retest 1470 and continue up. But break-down from 1470 in my view signals continuation of down trend.
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