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HomeNewsBusinessBuy ITC, India Cements, GSFC: Manoj Murlidharan

Buy ITC, India Cements, GSFC: Manoj Murlidharan

Manoj Murlidharan of Religare Securities recommends buying ITC, India Cements and GSFC.

February 15, 2018 / 12:27 IST

Manoj Murlidharan of Religare Securities told CNBC-TV18, "We are trying to look into those stocks that usually catch up a trend during the last five days of expiry, so I guess ITC tops the list. In the last couple of months, it has seen good buying and is in this range of Rs 258-283. Buy it at somewhere close to Rs 265. The stop loss should be Rs 256. We are expecting the stock to hover towards Rs 280-282 in the short-term."

"In India Cements, we are recommending buying with a stop loss of Rs 150 and we are expecting the surge in this stock might be somewhere close to Rs 174-178."

"GSFC as well post results tanked and somewhere close to Rs 128-135 there is good buying which has happened and we believe that Rs 135 is a good level where we can buy. A bounce somewhere close to maybe Rs 154 is expected. The stop loss for this trade should be somewhere close to Rs 128," he added.

CNBC-TV18
first published: Feb 15, 2018 12:13 pm

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