Mitessh Thakkar, mitesshthakkar.com recommends buying Amara Raja Batteries with a stop loss of Rs 737 and target of Rs 770 and HDFC Bank with a stop loss of Rs 1259.5 for target of Rs 1300.
Mitesh Thakkar of Miteshthakkar.com is of the view that one may buy DLF with stop loss at Rs 185.5 and target of Rs 200.
Historically speaking, the midcap and smallcap indices have never given negative returns for two consecutive years, and they have had a dismal 2018.
Equirus Securities has a 12-month target of Rs 520 on Avanti Feeds as well as Apex Frozen with an investment horizon of 1 year
Elara Capital expects a revival in midcaps riding on price and valuation comfort based on historical trends, strong flows from FPIs and DIIs and strong earnings revival
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.
Despite the expected volatility, here are top 10 stocks where analysts initiated coverage with a buy rating in February
Equirus Securities said uncertainty regarding elections in 2019 might keep markets volatile.
Volatility index (India VIX) was up 3.2 percent this week. The BSE largecap index rose 0.69 percent, midcap gained 0.36 percent, while smallcap was down 1.27 percent
Rajesh Agarwal of AUM Capital suggests buying Aptech with a stoploss of Rs 153 and target of Rs 170.
Sudarshan Sukhani of s2analytics.com suggests selling Bharti Infratel with stop loss at Rs 270 and target of Rs 261, IRB Infra with stop loss at Rs 178 and target of Rs 168 and Jet Airways with stop loss at Rs 270 and target of Rs 255.
Rajesh Agarwal of AUM Capital recommends buying Hindustan Oil Exploration with stop loss at Rs 140 and target of Rs 149, Marksans Pharma with stop loss at Rs 31 and target of Rs 37 and Liberty Shoes with stop loss at Rs 206 and target of Rs 233.
We have a sell recommendation for Avanti Feeds which is currently trading at Rs 475.40, says Dinesh Rohira of 5nance.com.
On the upside, 10,820–10,840 are the levels to watch out for. On the flipside, 10,725 followed by 10,677 are likely to act as important support levels.
Dinesh Rohira of 5nance.com expects the Nifty to continue to trade rangebound between 10,910 on the upside and 10,680 levels on the downside.
Rajesh Agarwal of AUM Capital recommends buying Century Textiles & Industries with stop loss at Rs 896 and target of Rs 945, Tata Motors with stop loss at Rs 261 and target of Rs 283 and Bharat Forge with stop loss at Rs 620 and target of Rs 647.
With strong financials, the domestic brokerage firm expects Avanti’s earnings growth to resume in FY20E after a decline in FY19E due to lower margins.
The focus of investors should be on buying quality which could withstand the correction and outperform index when the market starts rising.
Midcap and smallcap indices rose over a percent each this past week, outperforming the headline index, and there are some stocks that investors can look at buying this week.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Adani Enterprises and Infosys and can buy Chennai Petro.
Top 10 stocks which could give up to 20% return in the next 3-4 weeks.
The Upper end of the channel is placed at 10,630. A breakout from the upper end of the channel can trigger short covering rally to levels of 10,720-10,820, being 50 percent and 61.8 percent Fibonacci retracement levels respectively.
Ashwani Gujral of ashwanigujral.com recommends buying Jai Corp, Future Consumer and Avanti Feeds.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Titan Company with a target of Rs 855.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Radico Khaitan and IndusInd Bank and can sell Adani Enterprises.