Watch the interview of Monal Desai of Sunidhi Securities with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Below is the verbatim transcript of Monal Desai's interview with CNBC-TV18
CESC
"I feel now the target in CESC moves up to Rs 620, so recommending a buy over there with a strict stop loss at Rs 565. It has consolidated well and is showing a gradual up move."
IDBI Bank
"For IDBI Bank, Rs 68 is a good support, my target comes to Rs 75 for the stock. Buy it with a strict stop loss at Rs 68 for a target of Rs 75."
Motherson Sumi Systems
"Yesterday, Motherson Sumi Systems added open interest and saw some short build-up. We are recommending a sell for this target of Rs 445-450 and a stop loss at Rs 490," he added.
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