Moneycontrol has analysed penny stocks which became multibaggers in the last ten years. We screened BSE universe stocks which were trading below Rs 10 per share a decade ago which now have become Rs 100.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini with a stop loss of Rs 163.90 for target of Rs 175 and a buy on Eicher Motors with a stop loss of Rs 31,850 for target of Rs 33,500 while he advises selling IDFC Bank with a stop loss of Rs 57.10 for target of Rs 53.
According to Technical Analyst Prakash Gaba of prakashgaba.com, if the Nifty moves up then the next technical target is 10486 otherwise the crucial support to watch would be 10344. The resistance for the Index is at 10486, Bank Nifty on the other hand has support at 24800 and resistance at 25200.
In an interview to CNBC-TV18's Anuj Singhal & Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank and Kitex Garments.
Ambareesh Baliga, Independent Market Expert recommends exiting Kitex Garments at current level and advises buying NBCC.
Sudarshan Sukhani of s2analytics.com suggests buying Kitex Garments.