HomeNewsBusinessStocksBuy Tata Global Beverage, JSW Energy, CONCOR: Manoj Murlidharan

Buy Tata Global Beverage, JSW Energy, CONCOR: Manoj Murlidharan

Manoj Murlidharan of Religare Securities is of the view that one can buy Tata Global Beverage, JSW Energy and CONCOR.

April 07, 2016 / 10:17 IST
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Manoj Murlidharan of Religare Securities told CNBC-TV18, "We are following a same concept of the fresh arbitrage that is if you are seeing the three day average delivery exceeding the value of the derivative build up it goes for a buy, so Tata Global at Rs 117 we recommend buying with a stop loss of Rs 112 and a target of Rs 127.""JSW Energy would be a buy as well. The stock is a buy at the current month futures. Buy it at Rs 66 with a stop loss of Rs 64 and a target of somewhere closed to Rs 70 is what we are expecting in possible three to five trading sessions," he said."Container Corporation of India (CONCOR) is a buy at this point in time. Go with the current months futures of April. The level of Rs 1,270 is where we are recommending a buy with Rs 1,257 as a stop loss and we are expecting a target of Rs 1,304 on that."

first published: Apr 7, 2016 10:08 am

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