On the downside, we would turn cautious if prices break below 15640-15680 decisively. In that case, we can expect 15440 levels, which coincided with the Feb 2021 peak, says Jain
Anu Jain of IIFL Private Wealth Management is of the view that one may look at UPL and YES Bank.
Watch the interview of Sudarshan Sukhani of s2analytics.com, Prakash Gaba of prakashgaba.com, Mitessh Thakkar of miteshthacker.com, Sandeep Wagle of powermywealth.com, SP Tulsian of sptulsian.com, Sanjiv Bhasin of IIFL and Hemant Thukral of Aditya Birla Money with Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18.
Anu Jain of IIFL Private Wealth Management recommends holding Eicher Motors and Asian Paints.
According to Anu Jain IIFL Private Wealth Management, Dish TV may go upto Rs 112 while she advises holding Zee Entertainment Enterprises.
Speaking to CNBC-TV18, Andrew Holland, CEO of Ambit Investment Advisors said that it is a liquidity market right now.
Anu Jain, Director-Equities at IIFL Private Wealth Management feels that Axis Bank may touch Rs 430-432.
Anu Jain, Director-Equities at IIFL Private Wealth Management is of the view that Tata Motors may slip to Rs 280-290.
In an interview to CNBC-TV18, Vinay Khattar, Associate Director, Head of Research at Edelweiss Financial Services & Anu Jain, Director-Equities at IIFL Private Wealth Management shared their readings and outlook on the market, specific stocks and sectors.
According to Anu Jain of IIFL Private Wealth Management, Kansai Nerolac has a better chart than Asian Paints and Berger Paints.
According to Anu Jain of IIFL Private Wealth Management, HDFC Bank and Kotak Mahindra Bank can give strong upmove.
Anu Jain of IIFL Private Wealth Management prefers Glenmark Pharma and Cadila Healthcare from the pharma space.
Anu Jain of IIFL Private Wealth Management is of the view that Reliance Industries may hit Rs 1070-1090.
Anu Jain of IIFL-Private Wealth Management is of the view that one may buy Idea Cellular on declines as the stock may test Rs 200.
Anu Jain of IIFL-Private Wealth Management feels that ITC may slip to Rs 300-295.
Anu Jain of IIFL-Private Wealth Management feels that Wipro may dip to Rs 520-510.
Anu Jain of IIFL Private Wealth Management feels that Hindalco Industries may slip to Rs 105.
Anu Jain of IIFL Private Wealth Management is of the view that one may prefer AIA Engineering.
Anu Jain of IIFL Private Wealth Management is of the view that one may buy Wipro as the stock may move to Rs 720.
Discussing the current trend and future outlook, Ajay Srivastava, CEO, Dimensions Consulting, said though there is lot of comfort on liquidity side, trouble lies on the fundamental side of Indian economy.
Anu Jain, Director-Equities of IIFL Private Wealth Management is of the view that Reliance Industries may go upto Rs 940.
Anu Jain, Director-Equities of IIFL Private Wealth Management feels that Union Bank of India can move to Rs 234 and Bank of India can go to Rs 310.
According to Anu Jain, Director-Equities of IIFL Private Wealth Management, one may buy Housing Development Finance Corporation (HDFC) at lower levels.
According to Anu Jain, if the market can hold on to 6,195-6,220, the move is going to be mostly upwards and if it breaks below 6140 then it may reach 5,960-5,950 soon and will be equally poised between the breakdown and the break out right now.
Anu Jain of IIFL Private Wealth Management is of the view that Arvind may touch Rs 162-163.