Prakash Gaba of prakashgaba.com advises buying Allahabad Bank with a target Rs 48.
It was another day of fresh record highs for the Sensex and Nifty. The S&P BSE Sensex hit Mount 37K to hit a fresh record high of 37061 while the Nifty hit a record high of 11185 for the first time after 123 trading sessions.
The July series closed on a strong note with Nifty gaining nearly 600 points. Nifty future rollovers stood at 74 percent which is higher than the 3-month average of 66 percent
Once the index closes above 11,172, the bulls are likely to take charge. On the way down, 11,113 – 11,078 will be a crucial support zone in the near term.
Ashwani Gujral of ashwanigujral.com
Buy Mahanagar Gas buy with a stoploss of Rs 890, target Rs 925
Buy SBI with a stoploss of Rs 282, target of Rs 298
Buy Bank of India with a stoploss of Rs 93, target of Rs 100
Buy Bata India with a stoploss of Rs 900, target of Rs 950
Buy Edelweiss Financial Services with a stoploss of Rs 298, target of Rs 314
Mitessh Thakkar of mitesshthakkar.com
Buy Allahabad Bank with a stoploss of Rs 42.95, target of Rs 47
Buy Page industries with a stoploss of Rs 28,490, target of Rs 29,400
Buy Torrent Pharma with a stoploss of Rs 1474, target of Rs 1540
Sell Mindtree with a stoploss of Rs 960, target of Rs 910
Buy Ujjivan Financial Services with a stoploss of Rs 386, target of Rs 410
Prakash Gaba of prakashgaba.com
Buy Allahabad Bank with a stoploss of Rs 44 and target Rs 48
Buy Balkrishna Industries with a stoploss of Rs 1200 and target Rs 1260
Buy Granules India with a stoploss of Rs 95 and target Rs 105
Buy Manappuram Finance with a stoploss of Rs 102 and target Rs 107
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