Ashish Tater of Fortunewizard.com told CNBC-TV18, "One may buy United Breweries with a target of Rs 845 and a stoploss of Rs 808. Small players can even go for McDowell Holdings where we have a target of Rs 27. It owns 4 percent stake in UBL which is roughly Rs 800 crore versus a market cap of Rs 33 crore - a strong rerating candidate. Even Rs 40 on the stock will look very lucrative."
"One may buy Coal India where we feel a target of Rs 297-310 is likely. From tomorrows perspective Rs 297 and from three to four days perspective Rs 310. We expect a special dividend on the stock and thus this is one very good pick," he said. "We feel there could be some positive announcement regarding Jain Irrigation Systems similar to what we have recommended last time on Ranbaxy Laboratories where we feel 8-10 percent upmove closer to Rs 74-75 levels can be seen in tomorrow trade. So, on risk reward front we feel these are very beneficial at current levels and it is safe to assume that we have recommended the stocks and strategies to our clients. So, we have vested interests in that form."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
