Stocks to buy: HDFC Securities bullish on THIS stock

HDFC Securities is now bullish on Hitachi Energy, formerly called known as ABB Power Products and Systems India Limited. 

New Delhi: HDFC Securities has listed a stock that market investors can buy now to make a quick buck in a few months. The domestic brokerage and research firm is now bullish on Hitachi Energy, formerly called known as ABB Power Products and Systems India Limited. 

According to HDFC Securities, the relative strength index and Money Flow Index oscillator is placed above 60 and rising upwards, indicating strength in the current uptrend. 

“Plus, DI is trading above -DI while ADX line has started sloping upwards, Indicating momentum in the current uptrend," the brokerage firm’s note read.