Mitessh Thakkar of mitesshthakkar.com iis of the view that one can sell CESC with a stop loss of Rs 991, target of Rs 950, HDFC with a stop loss of Rs 1840, target of Rs 1790 and buy Bata India with a stop loss of Rs 799, target of Rs 855.
Global research firm CLSA is betting on HDFC attractive valuations as well as acceleration in earnings growth head.
CLSA has maintained Buy call on HDFC with a target price at Rs 2,200 per share, saying the housing finance company is among top picks in the sector.
Mitessh Thakkar of mitesshthakkar.com recommends buying Page industries with a stop loss of Rs 24900 and target of Rs 27000 and Marico around Rs 335 with stop loss of Rs 327 and target of Rs 351.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1197 and target at Rs 1246, a buy in Coal India with stop loss at Rs 274 and target of Rs 288 and a buy also in Housing Development Finance Corporation with stop loss at Rs 1775 and target at Rs 1845.
Here is a list of top three stocks that could deliver nearly 10 percent return.
Abhishek Mondal of Guiness Securities advises buying Bharat Petroleum Corporation with a target of Rs 438.
The market’s focus will increasingly shift to macros and earnings. India’s macros have weakened considerably in the past few months. It will have to likely contend with a weaker macro in CY18/FY19 versus CY17/FY18 given the likely higher inflation/interest rates and possibly higher current account deficit/weaker currency, Kotak Institutional Equities said in a recent note.
Here is the list of 10 stocks that can give up to percent 76 percent return over 12-15 months.
"HDFC is one of the quality names in the housing finance space. We are bullish on the prospects of the company for long term. At current market price, the company seems fairly valued," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
"This is classis stock with lot of macro tailwinds and value unlocking through listing of subsidiaries we believe this stock is at strong wicket and any correction in HDFC is an opportunity to accumulate with target of Rs 2250," says Sumit Bilgaiyan, Founder of Equity99.
Rajesh Agarwal of AUM Capital recommends buying Jindal Steel & Power with target of Rs 263 and stop loss at Rs 245 and CESC with target of Rs 1078 and stop loss at Rs 1028.
Here is the list of top 17 stocks that can give up to 99% return.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Shriram Transport Finance, Tata Global Beverage, HDFC, TCS, L&T and ACC and can sell CESC and Cummins India.
Mitessh Thakkar of miteshthacker.com recommends buying Castrol India with a stop loss of Rs 203.50 and target of Rs 214 and Cholamandalam Investment with a stop loss of Rs 1427 and target of Rs 1485.
Ashwani Gujral of ashwanigujral.com recommends buying NCC, Vedanta and IIFL Holdings.
Ashwani Gujral ashwanigujral.com is of the view that one may prefer HDFC, HDFC Bank, Monsters and NIIT Tech.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell REC and Adani Enterprises and can buy Amara Raja Batteries.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Infosys and Ceat and sell HDFC and M&M Financial Services.
Ashwani Gujral of ashwanigujral.com recommends selling Motherson Sumi, Bajaj Finance, HDFC, Sun Pharma, Reliance Capital and PC Jeweller.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Bata India and TCS and can sell DHFL and LIC Housing Finance.
The sharp correction in midcaps makes stock-picking a bit less challenging, as valuation premiums have moderated from the recent highs.
Ashwani Gujral of ashwanigujral.com advises buying JSW Steel and Ceat.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell HDFC,Yes Bank and Tata Motors and can buy SAIL.
CLSA feels Maruti has potential to further strengthen India franchise with unveiling new compact SUV.