ICICI Direct is recommended hold rating on Pidilite Industries with a target price of Rs 1045 in its research report dated May 28, 2018.
Prabhudas Lilladher recommended accumulate rating on Pidilite Industries with a target price of Rs 1175 in its research report dated May 26, 2018.
Prakash Gaba of prakashgaba.com recommends buying Dabur India with target at Rs 385 and stop loss at Rs 374, Exide Industries with target at Rs 266 and stop loss at Rs 252 and a buy also in Hindalco Industries with target at Rs 255 and stop loss at Rs 237.
Pharmaceutical majors Cipla and Dr Reddy’s Labs will announce Q4 earnings on Monday while OMC majors IOC and HPCL will declare their results on same day.
Rajesh Agarwal of AUM Capital recommends buying Indian Oil Corporation with stop loss at Rs 162 and target at Rs 173, a buy in Arvind with stop loss at Rs 412 and target at Rs 430 and a buy also in State Bank of India with stop loss at Rs 245 and target at Rs 257.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy ITC with a stop loss of Rs 283, target of Rs 297, a buy in Pidilite Industries with a stop loss of Rs 1080, target of Rs 1240 and a sell in Balrampur Chini with a stop loss of Rs 70, target of Rs 62.
Net Sales are expected to increase by 11.5 percent Y-o-Y (down 6.4 percent Q-o-Q) to Rs. 1,443.8 crore, according to ICICI Direct.
"Nifty has formed 'Dragon Fly' candlestick pattern around key hurdle zone i.e. 50 and 100 SMA which coincides at 10,440 levels and 38.20 percent Retracement levels on daily time frame. The Index has to close above 10,440 levels for further upmove," says Rajesh Agarwal of AUM Capital.
As the market already corrected in the last two months with a price damage of around 10 percent the incentives for bears after Friday’s gap down opening appears to be little.
The Nifty50 is expected to open flat on Monday following muted trend is seen in other Asian markets and weak handover from Wall Street.
Mitessh Thakkar of miteshthacker.com suggests selling Adani Ports, Pidilite Industries, Bajaj Finance and CESC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree and Pidilite Industries and can sell UPL, Tata Steel and Tata Motors.
Mitessh Thakkar of miteshthacker.com suggests selling Balrampur Chini with a stop loss of Rs 120 and target of Rs 110 and CG Power below Rs 83.5 with stop loss of Rs 86 and target of Rs 78.
Mitessh Thakkar of miteshthacker.com suggests selling Tata Chemicals and Pidilite Industries.
ICICI Direct is bullish on Pidilite Industries Ltd has recommended hold rating on the stock with a target price of Rs 900 in its research report dated January 31, 2018.
Prakash Gaba of prakashgaba.com is of the view that Infibeam can climb to Rs 165 while PC Jeweller may slide to Rs 520.
Prakash Gaba of prakashgaba.com suggests buying Pidilite Industries and Zensar Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Torrent Power and Strides Shasun and can sell Union Bank of India.
Amid high valuations and a volatile macro environment, Credit Suisse recommends investors to focus on long-term structural themes that have been shaping up in India.
Ashwani Gujral of ashwanigujral.com suggests buying Century Plyboards, Pidilite Industries and Shriram Transport Finance Corporation.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GAIL India, Hindustan Zinc and Mindtree and can sell Pidilite Industries and Strides Shasun.
Midcaps stocks have caught fancy of Indian retail investors, fund managers, as well as foreign investors back in the year 2014 soon after Narendra Modi, took charge at the center as Indian Prime Minister.
Broadly speaking, Nifty is likely to consolidate in a range of 9950 - 9685 levels and only either way breakout or breakdown will dictate the near-term trend, suggest experts.
VK Sharma of HDFC Securities suggests buying Infosys, Bajaj Finserv, Karnataka Bank and Pidilite Industries.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Aurobindo Pharma, Bajaj Finserv and Bharat Electronics and sell Motherson Sumi Systems.