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Last Updated : Jul 28, 2016 11:15 AM IST | Source: CNBC-TV18

6 stocks likely to see lot of action today

Ashish Kyal of wavesstrategy.com is of the view that one may buy Tata Global Beverage with a target of Rs 145.


On CNBC-TV18's show Super Six, market gurus Sumeet Jain, Ashish Kyal and Kunal Saraogi, place their bets on two stocks each, thus offering investors a
variety of options to choose from. Investors can read into the detailed analysis before agreeing to any or all the bets.

Sumeet Jain of Destimoney Sec

My first call is a buy call on Rolta. The stock has seen a bullish flag breakout and this breakout is accompanied with heavy volumes. I feel the bullishness would continue and hence I would like to buy Rolta for target of Rs 74. My stoploss for this trade would be below Rs 64 levels.

My second call is a sell call on Ceat, yesterday it could not even retrace a 50 percent of that and hence I think that there would be bearishness in the stock. I would like to sell Ceat for targets of Rs 850 and my stoploss would be below Rs 895 for the trade.

Ashish Kyal of wavesstrategy.com

Buy Tata Global Beverage with a stoploss at Rs 132 and target of Rs 145

Sell Idea Cellular with a stoploss at Rs 112 and target of Rs 98

Kunal Saraogi of Equityrush

My first stock call for the day will be a buy on L&T Finance Holdings. It has broken out decisively on its charts. Can be picked up at a current levels with a stoploss at Rs 83 and a target of Rs 88.

My second pick will a be buy on JSW Steel. It is another outperforming stocks that has broken out. It can be picked up with a target of Rs 1,800 for the day. One should put a stoploss at Rs 1,725 on this one.

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First Published on Jul 28, 2016 09:13 am
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