Prakash Gaba of prakashgaba.com is of the view that one can buy Tata Motors with target at Rs 410 and stop loss at Rs 392, a buy on Tech Mahindra with target at Rs 645 and stop loss at Rs 622 and a sell on Jubliant Foodworks with target at Rs 1900 and stop loss at Rs 2000.
Investors seem to be nervous ahead of exit polls that will be announced today evening after the end of last phase of Bihar elections. Elections results will be announced on November 8.
The market was a bit wobbly today morning when the Nifty went below 5500, but that got arrested quickly. It came up in the green and closed around the 5550 mark, but there was no attempt to touch 5600.