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 107Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.