Fortune Equity Brokers

Watch the interview of Ashish Chaturmohta of Fortune Equity Brokers with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.

Axis Bank may move upto Rs 1360: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is of the view that Axis Bank may move upto Rs 1360. "If one has to take a bet on the private sector bank then Axis Bank would be the preferred bet," he adds.

Larsen and Toubro may test Rs 1220-1230: Ashish Chaturmohta

According to Ashish Chaturmohta of Fortune Equity Brokers, Larsen and Toubro may touch Rs 1220-1230 in the short term wherease it may test Rs 1280 in the next one-to-one-and-half-month.

Go long in UCO Bank, advises Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long in UCO Bank with a target of Rs 87-88 and a stoploss of Rs 78.

Buy Reliance Capital: Ashish Chaturmohta

According to Ashish Chaturmohta of Fortune Equity Brokers, one may go long in Reliance Capital with a target of Rs 420 and a stoploss of Rs 378.

Expect 7-8% upside in IDFC, says Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is of the view that one may see 7-8 percent upside in IDFC from current levels.

Go long in Ranbaxy, advises Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long in Ranbaxy Laboratories with a target of Rs 490 and a stoploss at Rs 435.

Go long on Ranbaxy Laboratories: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long in Ranbaxy Laboratories with a target of Rs 450 and a stoploss at Rs 403.

Short Larsen and Toubro: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends selling Larsen and Toubro (L&T) as the stock may test Rs 875-880.

Buy Indiabulls Real Estate: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long in Indiabulls Real Estate as the stock may test Rs 74-75 in next couple of trading sessions.

Here's why Hero will outperform Bajaj Auto going ahead

Hero reported better than expected sales in the month of October, but it will be tough for the company to sustain this sales growth going forward, says Mahantesh Sabarad of Fortune Equity.

Go long on HDFC Bank: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long on HDFC Bank as the stock may touch Rs 735-740.

Buy Jaiprakash Associates around Rs 44-45: Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is of the view that one may buy Jaiprakash Associates around Rs 44-45 and expects the stock to touch Rs 55.

See 10-15% upside in SAIL, says Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is of the view that one may see 10-15 percent upside in Steel Authority of India (SAIL).

Sell HCL Technologies, advises Ashish Chaturmohta

According to Ashish Chaturmohta of Fortune Equity Brokers, one may short HCL Technologies at current levels with a stoploss at Rs 1110.

Go long on Bank of Baroda: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long on Bank of Baroda (BoB) at current levels as the stock may test Rs 660-670.

Jubilant Foodworks may test Rs 1290-1300: Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is of the view that Jubilant Foodworks may test Rs 1290-1300 in the short term and feels that the stock may even touch Rs 1400.

Go long on Mahindra and Mahindra: Ashish Chaturmohta

According to Ashish Chaturmohta of Fortune Equity Brokers, one may go long on Mahindra and Mahindra with a target of Rs 920-930.

Go long on Lupin around Rs 870: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long on Lupin around Rs 870.

See profit booking in RComm, says Ashish Chaturmohta

According to Ashish Chaturmohta of Fortune Equity Brokers, one may see profit booking in Reliance Communications (RComm).

Tata Motors may test Rs 375-380: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers is positive on Tata Motors. The stock may touch Rs 375-380.

PNB may touch Rs 470-475: Ashish Chaturmohta

According to Ashish Chaturmohta Of Fortune Equity Brokers, one may take a short position in PNB at current levels with a stoploss above Rs 510 and expect a target of Rs 475-470 in next one-two trading sessions.

Go long on Tata Motors DVR, advises Ashish Chaturmohta

Ashish Chaturmohta Of Fortune Equity Brokers recommends going long on Tata Motors (DVR) with a stoploss at Rs 161. "One may see a rally of another 5-6 percent in Tata Motors," he adds.

Buy Dr Reddys Laboratories: Ashish Chaturmohta

Ashish Chaturmohta Of Fortune Equity Brokers recommends buying Dr Reddys Laboratories with a target of Rs 2360 and a stoploss at Rs 2250.

Buy HDFC, Cipla, Aurobindo Pharma: Ashish Chaturmohta

Ashish Chaturmohta of Fortune Equity Brokers recommends going long on HDFC with a target of Rs 810 and Cipla with a target of Rs 450-455. "One may also go long on Aurobindo Pharma with a target of Rs 210 in the next three-five trading sessions," he adds.