Sharmila Joshi of sharmilajoshi.com and Parag Doctor of LKP Securities talk on their top picks for the day.
According to Parag Doctor of Keynote Capital, Idea Cellular may touch Rs 170 on the upside. "The stock was making highs till a couple of weeks back. It has found support at Rs 150-155 levels and not going down below that level," he adds.
Parag Doctor of Keynote Capital feels that Biocon may test Rs 360 in this week. "Ome may keep the stoploss at Rs 339," he adds.
Parag Doctor, Head, Trading Strategies of Keynote Capital's recommends holding Oil and Natural Gas Corporation (ONGC) for long term.
According to Parag Doctor, Head, Trading Strategies of Keynote Capital's, one may buy Sun Pharmaceutical Industries at lower levels and expects resistance to come in the stock at around Rs 480-490.
According to Parag Doctor, Head-Trading Strategies of Keynote Capital's, one may exit Educomp Solutions on rally.
According to Parag Doctor, Head-Trading Strategies of Keynote Capital's, one may sell Bharat Heavy Electricals (BHEL) on rallies. "The stock may move to Rs 130-140 in the immediate term," he adds.
According to Parag Doctor, Head-Trading Strategies of Keynote Capital's, one may sell Housing Development and Infrastructure (HDIL) partially at these levels and exit entirely on rallies. “One may prefer DLF from largecap realty space,†he adds.
Parag Doctor, Head-Trading Strategies of Keynote Capital's is of the view that one may see Central Bank of India dip to Rs 50 and advises to look for larger banks which are part of the Nifty or Bank Nifty in the PSU space.
Parag Doctor, Head-Trading Strategies of Keynote Capital's is of the opinion that one may sell ACC and expects the stock to head to Rs 1100-1125 in the short-term or medium-term
Parag Doctor, Head-Trading Strategies of Keynote Capital's recommends selling Dena Bank.
According to Parag Doctor, Head-Trading Strategies of Keynote Capital's, one may sell Ambuja Cements on rally into Rs 175-180.
Parag Doctor, Head - Trading Strategies at Keynote Capital's is of the view that one may exit Shasun Pharmaceuticals in current rally.
According to Parag Doctor, Head, Trading Strategies of Keynote Capital's, one may pick Idea Cellular on every dip. "In the short term it can test Rs 165-170," he adds.
Parag Doctor, Head, Trading Strategies of Keynote Capital's feels that Larsen and Toubro (L&T) may go back to around Rs 1,000-1,025 mark if it holds support of Rs 950.
Parag Doctor, Head-Trading Strategies of Keynote Capital's recommends selling Jet Airways on rally as the stock has been in a bearish kind of trend.
Parag Doctor, Head-Trading Strategies of Keynote Capital's is of the opinion that one may see Hexaware Technologies gradually moving on the upside towards Rs 100.
According to Parag Doctor, Head, Trading Strategies of Keynote Capital's, if the pullback rally continues in Power Finance Corporation (PFC), one can expect the resistance around the Rs 150-Rs 155 levels.
Parag Doctor, Head, Trading Strategies of Keynote Capital's recommends to hold Reliance Industries.
Parag Doctor, Head, Trading Strategies of Keynote Capital's advises to exit Polaris Financial Technology at around Rs 120 level.
Parag Doctor, Head - Trading Strategies of Keynote Capital advises to exit Shree Renuka Sugars on rally and move to largecap stocks in the Nifty-fifty or the Sensex where the visibility would be much better for the longer-term.
Parag Doctor, Head, Trading Strategies of Keynote Capital's feels that Hindustan Unilever may touch Rs 625-650.
Parag Doctor, Head, Trading Strategies of Keynote Capital's is negative on Sintex Industries.
One may hold Titan Industries with a stop loss of Rs 200, says Parag Doctor, Head - Trading Strategies of Keynote Capital's.
Parag Doctor, Head - Trading Strategies of Keynote Capital's advises to sell South Indian Bank as there is no visibility on the upside more than the Rs 24-25 level.