Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Steel, Mindtree and Radico Khaitan.
"We are taking slightly contra view on index and expect Nifty index to see a short-term pullback from current level. Till the time Nifty is trading above 10033.35, the Higher Top Higher Bottom formation on weekly chart remains intact. On weekly charts, RSI (14), has signaled an oversold condition post the formation of a bearish divergence," says Aditya Agarwal, Head Technical Research at Way2Wealth Brokers Pvt. Ltd.
Mitessh Thakkar of miteshthacker.com recommends buying Britannia Industries with stop loss of Rs 4785 for target of Rs 5000 and Infosys with a stop loss of Rs 1144 for target of Rs 1190.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree and Pidilite Industries and can sell UPL, Tata Steel and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 588, target of Rs 620, a buy on NIIT Tech with a stop loss of Rs 788, target of Rs 825 while a sell call on Century Textiles with a stop loss of Rs 1190, target of Rs 1130.
Sandeep Wagle of powermywealth.com recommends selling Tata Steel and Motherson Sumi Systems.
Sandeep Wagle of powermywealth.com suggests selling Tata Steel and Motherson Sumi Systems.
Companies which rose between 40-100% include names like Tata Steel, Voltas, Tata Sponge, Tata Metaliks, Tata Global Beverages, Oriental Hotels, and Titan Company.
Macquarie has maintained an outperform rating on Tata Steel with target of Rs 800. The house feels that the Bhushan Steel bid appears 10–15 percent higher than expectations and sees Bhushan assets as an attractive strategic fit.
Tata Steel emerged as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore.
Tata Steel, Reliance Industries and steel sector are being tracked by investors on Tuesday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy V Guard Industries and Jet Airways and can sell Tata Steel.
In an interview to CNBC-TV18, Ritesh Shah, Senior Analyst at Investec shared his views and readings on Tata Steel and Bhushan Steel.
In an interview to CNBC-TV18, Rakesh Arora, Managing Partner of Go India Advisors shared his views and readings on Tata Steel and Bhushan Steel.
Ashu Madan of Religare Securities is of the view that one may book some profit in Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Rural Electrification Corporation and Ceat.
IDFC Securities has Outperform call on Tata Steel with a target price at Rs 873 per share, saying the strategy to create a long-term JV with Thyssenkrupp is a long-term positive.
Ashwani Gujral of ashwanigujral.com recommends buying Asian Paints, Britannia Industries and Sobha.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Vedanta and Jindal Steel & Power.
Prakash Gaba of prakashgaba.com recommends shorting Andhra Bank and Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell NTPC and Bharti Infratel and can buy Tata Steel, Sun TV and Sun Pharmaceutical Industries.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying RIL, IndusInd Bank, Tata Steel, Bajaj Auto and Bata India.
Rahul Shah, Associate VP at Motilal Oswal recommends buying Kotak Mahindra Bank, Tata Steel and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying UPL, Jindal Steel & Power and Eicher Motors.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, DLF, Sun TV Network and ITC and exit Apex Frozen Foods.