Prakash Gaba of prakashgaba.com suggests buying Berger Paints with target at Rs 350 and stop loss at Rs 320, Eicher Motors with target at Rs 30000 and stop loss at Rs 28500 and Kotak Mahindra Bank with target at Rs 1310 and stop loss at Rs 1272.
The bears managed to take control at Dalal Street as the Nifty50 snapped a five-day winning streak on August 10. The index after opening lower remained in the negative territory throughout the session, forming a bearish candle on the daily charts and Spinning Top pattern on the weekly scale.
The index continued to gain for a third consecutive week, rising 0.6 percent taking the total three-week gain to 3.8 percent.The 30-share BSE Sensex lost 155.14 points to 37,869.23 and the Nifty Midcap index participated in the fall, shedding half a percent while the sectoral trend was mixed.
In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:
Ashwani Gujral of ashwanigujral.com
Sell Tata Motors DVR with stop loss of Rs 145, target of Rs 132
Sell Can Fin Homes with stop loss of Rs 325, target of Rs 310
Sell Jindal Steel & Power with stop loss of Rs 208, target of Rs 192
Buy Berger Paints with stop loss of Rs 324, target of Rs 338
Buy Jubilant Foodworks with stop loss of Rs 1500, target of Rs 1545
Sudarshan Sukhani of s2analytics.com
Sell UPL with stop loss at Rs 638 and target of Rs 615
Sell Ujjivan Financial Services with stop loss at Rs 359 and target of Rs 332
Sell Tata Motors with stop loss at Rs 252 and target of Rs 240
Buy United Breweries with stop loss at Rs 1190 and target of Rs 1240
Buy Strides Shasun with stop loss at Rs 404 and target of Rs 417
Prakash Gaba of prakashgaba.com
Buy Berger Paints with target at Rs 350 and stop loss at Rs 320
Buy Eicher Motors with target at Rs 30000 and stop loss at Rs 28500
Buy Kotak Mahindra Bank with target at Rs 1310 and stop loss at Rs 1272
Sell Canara Bank with target at Rs 270 and stop loss at Rs 295Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.