Sudarshan Sukhani of s2analytics.com recommends buying Kotak Mahindra Bank with stop loss at Rs 1355 and target of Rs 1395 and Infosys with stop loss at Rs 732 and target of Rs 745.
The global investment bank is of the view that going forward, the two major events that will give a new direction to the market are Q4FY19 results and the outcome of the central elections.
Mitessh Thakkar of mitesshthakkar.com recommends buying Balkrishna Indistries with a stop loss of Rs 839 and target of Rs 885, Dabur India with a stop loss of Rs 431 and target of Rs 445 and Mahindra & Mahindra with a stop loss of Rs 638 and target of Rs 662.
Mitessh Thakkar of mitesshthakkar.com recommends buying CESC with a stop loss of Rs 716 and target of Rs 755, Cipla with a stop loss of Rs 527 and target of Rs 548 and Hindalco Industries with a stop loss of Rs 207 and target of Rs 219.
Volatility is likely to increase further as we approach Interim Budget, suggest experts and investors should be prepared for sudden movements on either side
The sustainability of RSI above 50 adds the conviction of buying the scrip above Rs 536 for the target of Rs 580 with stop loss of Rs 510 marks.
In coming week any tick above 9,350 on Nifty Pharma index will trigger fresh buying in pharma stocks, Arpan Shah of Monarch Networth Capital said
Key resistance on the upside is 100-day moving average around 10,950 and mark of 11,085 which is 61.8 percent retracement of 1,700 points fall during September-October, said Shabbir Kayyumi of Narnolia Financial Advisors
The Q2FY19 earnings season so far has been in line with the expectations. Strong results declared by IT companies, upbeat numbers from RIL and robust growth reported by the FMCG companies are indicative of sustained demand environment.
Given a strong rebound in the last session to hold above 10,550 levels, the immediate resistance for the index is placed at 10,616 levels followed by 10,690 level and support is seen at 10,450 levels.
Rajesh Agarwal of AUM Capital recommends buying Voltas with stop loss at Rs 523 and target of Rs 560, RBL Bank with stop loss at Rs 544 and target of Rs 562 and Strides Pharma Science with stop loss at Rs 462 and target of Rs 495.
Rajesh Agarwal of AUM Capital advises buying M&M with a target of Rs 810.
Axis Direct highlights how the year has been a volatile one, with US-China trade tensions, rising crude prices, depreciating rupee, and debt market liquidity crisis dominating cues that are responsible for a correction in the market
Experts feel that investors sitting on cash should buy into markets in a scattered manner instead of making a lump sum payment.
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Mitessh Thakkar of mitesshthakkar.com suggests buying Asian Paints around Rs 1255 with stop loss of Rs 1234 for target of Rs 1300 and Maruti Suzuki around Rs 7250 with stop loss below Rs 7100 for target of Rs 7590.
Mitessh Thakkar of mitesshthakkar.com suggests buying United Spirits around Rs 490 with stop loss of Rs 480 and target of Rs 513 and Radico Khaitan with a stop loss of Rs 320 and target of Rs 348.
Prakash Gaba of prakashgaba.com suggests buying Ajanta Pharma with target at Rs 1100 and stop loss at Rs 1020, Apollo Tyres with target at Rs 225 and stop loss at Rs 205 and State Bank of India with target at Rs 290 and stop loss at Rs 270.
The recent dip should be taken as buying opportunity in Cipla, the short-term target can be maintained at Rs 730, says Manav Chopra of Indiabulls Ventures.
Here is a list of top 10 short-term money making ideas from different experts which could give 5-28% return in the next 1-6 months.
Manav Chopra of Indiabulls Ventures expects Nifty to revert towards critical moving averages that are placed around 10,700-10,800 levels (200-DEMA placed around 10,779).
We expect Nifty to mean revert towards critical moving averages which are placed around 10,700-10,800 levels (200-DEMA placed around 10,779).
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Forge above Rs 695, stop loss of Rs 682 and target of Rs 720 and Bharti Airtel with a stop loss of Rs 384 and target of Rs 400 and can sell Just Dial with a stop loss of Rs 547.5 and target of Rs 515.
Mitessh Thakkar of mitesshthakkar.com suggests buying Balrampur Chini with a stop loss of Rs 76 and target of Rs 81, Bosch with a stop loss of Rs 20,900 and target of Rs 22,000 and Cadila Heathcare with a stop loss of Rs 412 and target of Rs 445.
Sudarshan Sukhani of s2analytics.com suggests buying Hindalco Industries with a stop loss of Rs 227 and target of Rs 236, Cipla with a stop loss at Rs 648 and target of Rs 675 and TCS with a stop loss at Rs 2035 and target of Rs 2100.