HomeNewsBusinessStocksBuy Just Dial, Amara Raja Batteries, Castrol: Yogesh Mehta

Buy Just Dial, Amara Raja Batteries, Castrol: Yogesh Mehta

Acccording to Yogesh Mehta of Motilal Oswal Securities, one can buy Just Dial, Amara Raja Batteries and Castrol India.

February 20, 2017 / 11:08 IST
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Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "For positional trades, we are recommending Just Dial at current market price of Rs 460 and we are looking at a price target of Rs 490, keeping a stop loss at Rs 445. That shows a good break out of six months consolidation and now it is again back into the range of Rs 460 on the closing." "Second is Amara Raja Batteries. It is in oversold zone right now; Rs 854 is the closing we are looking at, Rs 890-895 range is the target, keeping a stop loss of Rs 835 which is an all-time six months low," he said. "The other one is Castrol India which has shown a break out above Rs 410 level decisively this time and Rs 432 is the closing. Keeping Rs 420 as a stop loss on trading basis, we can look at a price target of Rs 455."

first published: Feb 20, 2017 11:08 am

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