Stock-specific action is expected to continue this week, given the ongoing corporate earnings season and the Budget expectations live bse live nse live Volume Todays L/H More × The market ended a volatile week on a positive note on January 20, and sustained an upward swing for the the second straight week, with the Nifty taking support at the psychological 18,000 mark.
This week, the stock also broke out of its recent trading range on the back of above average volumes, indicating it is set to move higher in the coming weeks.
Momentum readings like the 14-week RSI too are in rising mode and not overbought, which implies potential for further upsides.
This indicates that the downtrend looks set to continue.
HDFC Bank: Buy | LTP: Rs 1,661 | Stop-Loss: Rs 1,600 | Target: Rs 1,770 | Return: 7 percent The stock has completed a corrective pattern at Rs 1,560 and has reversed sharply on the back of broad based buying in the private sector bank stocks, which will help the stock to exhibit a trending move in the near term.
Thus, we advise traders to accumulate the stock in the range of Rs 226-230 with a stop-loss of Rs 215 (daily closing basis) for an upside target of Rs 260 on a daily close basis.

Source -https://www.moneycontrol.com/news/business/markets/top-10-trading-ideas-for-next-3-4-weeks-backed-by-upbeat-earnings-budget-optimism-9914211.html