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HomeNewsBusinessTop buy & sell ideas by Ashwani Gujral,Mitessh Thakkar & Prakash Gaba for November 20

Top buy & sell ideas by Ashwani Gujral,Mitessh Thakkar & Prakash Gaba for November 20

Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.

November 20, 2017 / 11:57 IST

The Nifty futures on the Singaporean stock exchange were trading lower by around 16 points at 10286, a fall of around 0.16 percent. This indicates that the domestic market is likely to open on a negative note.

Moneycontrol.com has collated a list of trading ideas from top market experts which one can take cues for better returns:

Ashwani Gujral of ashwanigujral.com

Buy Titan Company with a stop loss of Rs 780, target of Rs 805

Buy United Spirits with a stop loss of Rs 3150, target of Rs 3320

Buy DLF with a stop loss of Rs 218, target of Rs 234

Buy Tata Global Beverage with a stop loss of Rs 254, target of Rs 272

Buy Adani Enterprises with a stop loss of Rs 152, target of Rs 164

Buy Yes Bank with a stop loss of Rs 307, target of Rs 321

Buy Jai Corp with a stop loss of Rs 124, target of Rs 136

Buy Ajanta Pharma with a stop loss of Rs 1280, target of Rs 1360

Pharmaceutical is not something I understand very well because one day FDA is happy with them, next day they ban them. So it is not my favourite space. While for the day you can go with Biocon, but longer term, I think I am much more interested in Tata Global Beverage or Yes Bank, stocks which are much more predictable.

Mitessh Thakkar 0f mitesshthakkar.com

Buy Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360

Buy DLF with a stop loss of Rs 215, target of Rs 245

Buy LIC Housing Finance with a stop loss below Rs 588, target of Rs 640

Sell Tech Mahindra with a stop loss of Rs 492, target of Rs 465

Buy Bajaj Finserv with a stop loss of Rs 5030, target of Rs 5350

Buy Yes Bank with a stop loss of Rs 304 for target of Rs 325

Sell Ambuja Cements with a stop loss of Rs 273 for target of Rs 257

From a very simple observation, what I can make sense is go long on pharmaceutical stocks. The preferred ones would be Biocon, Glenmark Pharma and Ajanta Pharma. Go short in the cement stocks, Ambuja Cements topping the list over there along with UltraTech Cement. So if you are trading for the next two to three days, I think these are the trades which I would suggest.

Prakash Gaba of prakashgaba.com

Buy Bajaj Finserv with target at Rs 5300, stop loss at Rs 5070

Buy Blue Dart with target at Rs 4200, stop loss at Rs 4050

Jai Corp can climb to around Rs 140, keep stop loss at Rs 120

CNBC-TV18
first published: Nov 20, 2017 08:37 am

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