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Top buy and sell ideas by Sudarshan Sukhani, Mitessh Thakkar for short term

Sudarshan Sukhani of s2analytics.com suggests buying Axis Bank with a stop loss of Rs 704, target at Rs 750 and Bharti Airtel with a stop loss of Rs 576, target at Rs 652.

February 03, 2021 / 09:16 IST
Operating profit is the amount realized from a business's ongoing operations. It serves as a highly accurate indicator of the business's potential profitability because it excludes all extra factors. Moneycontrol analysis showed there are 7 companies from the BSE universe that have given at least 15 percent operating profit growth in FY20 compared to the previous fiscal year (FY19). We considered only companies where FIIs and MFs, both, increased stake in the first two quarters of FY21. Interestingly, in FY21 so far, all of them have been trading in the green and have gained between 20 percent and 190 percent. (Data Source: ACE Equity)

The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 29 points gain.

In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:

Sudarshan Sukhani of s2analytics.com

Buy Axis Bank with a stop loss of Rs 704, target at Rs 750

Buy Bajaj Auto with a stop loss of Rs 4,154, target at Rs 4,306

Buy Bharti Airtel with a stop loss of Rs 576, target at Rs 652

Buy JSW Steel with a stop loss of Rs 368, target at Rs 430

Mitessh Thakkar of mitesshthakkar.com

Buy Bharat Forge with a stop loss of Rs 636, target at Rs 670

Buy Indraprastha Gas with a stop loss of Rs 540, target at Rs 580

Buy Reliance Industries with a stop loss of Rs 1,909, target at Rs 1,960

Buy Tata Chemicals with a stop loss of Rs 510, target at Rs 540

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

Disclaimer: 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.​

Moneycontrol News
first published: Feb 3, 2021 09:16 am

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