The weekly strength indicator RSI and momentum oscillator Stochastic have both turned positive and are above their respective reference lines indicating positive bias
VK Vijaykumar of Geojit Financial Service feels the proposed AIF is better than the earlier one since this also includes projects referred to NCLT.
If you do not understand the company or market sentiments, do not buy individual companies, but Invest in a mutual fund.
“If the Nifty continues to trade below the hurdle of 10,920-10,850 levels, then brace for a weekly rangebound target of 10,570 levels on the downside and 10,820 on the upside,” Dinesh Rohira of 5nance.com
Rajesh Agarwal of AUM Capital recommends buying Cipla with stop loss at Rs 604 and target of Rs 632, Colgate Palmolive with stop loss at Rs 1165 and target of Rs 1208 and Tata Motors with stop loss at Rs 261and target of Rs 279.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell SREI Infra Future with a target of Rs 94.20.
Ashwani Gujral of ashwanigujral.com recommends buying United Breweries, Sonata Software, Capital First, Kolte Patil Developers, BHEL and Godrej Industries.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, Havells India and Kotak Mahindra Bank.
Rajat Bose of rajatkbose.com feels that Maruti Suzuki may test Rs 9765.
Pankaj Jain of SW Capital is of the view that one may buy HEG with a target of Rs 2215.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Canara Bank, DLF, Kolte Patil and NBCC.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Real Estate stocks have been buzzing off late. In an interview to CNBC-TV18, Adhidev Chattopadhyay of ICICI Securities shared his views and readings on the sector.
Sumeet Jain of Destimoney Securities is of the view that one may buy Idea Cellular with a target of Rs 109.
Ashwani Gujral of ashwanigujral.com recommends buying Indusind Bank, Nalco and Kolte-Patil Developers.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Hindalco Industries and Tata Steel and buy Kolte-Patil Developers.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indraprastha Gas and L&T Finance Holdings and can sell Dish TV.
On the BSE Index, over 100 stocks hit fresh 52-week high including names like Bata India, TVS Motor Company, Dabur India, Deepak Fertilizers, Kolte Patil Developers and Chambal Fertilizers.
Ashwani Gujral of ashwanigujral.com suggests buying UPL, VIP Industries and Escorts.
Ashwani Gujral of ashwanigujral.com recommends buying Deepak Fertilizers, Kolte Patil Developers and PVR.
Mitessh Thakkar of mitesshthakkar.com advises buying Bajaj Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Can Fin Homes and Kolte Patil Developers.
Ashwani Gujral of ashwanigujral.com suggests buying PNB, Bajaj Finance and Piramal Enterprises and expects Lupin to test Rs 1300.
Sharmila Joshi of sharmilajoshi.com is of the view that one may exit Indiabulls Real Estate.