Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks with a stop loss of Rs 1300, target of Rs 1345, SRF with a stop loss of Rs 2230, target of Rs 2300 and Sun TV with a stop loss of Rs 570, target of Rs 595.
Here are the top 10 stocks idea from brokerages that can give 18-54 return in next 12-18 months:
On the technical front, 10,750-10,700 zone will provide support to market moving forward and the trend is likely to remain choppy
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra with stop loss at Rs 800 and target of Rs 820 and Interglobe Aviation with stop loss at Rs 1050 and target of Rs 1180.
Derivative data indicates that heavy put writing in the strike prices of 10,700-10,800 should lend support.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 1055, target of Rs 1100, Manappuram Finance with a stop loss of Rs 100, target of Rs 112 and Sun Pharma with a stop loss of Rs 430, target of Rs 455.
However, this period could also offer opportunities to cherry pick some quality equity investment.
The stock can be sold at current levels and on a rise towards Rs 368 with a stop loss above Rs 378 for the target of Rs 330.
The stock can be sold at current levels and on the rise towards Rs 263 with a stop loss above Rs 274 for a target of Rs 230.
The stock can be bought at current levels and on dips to Rs 1,060 with a stop loss below Rs 1,030 for the target of Rs 1,250.
The stock can be bought at current levels and on dips towards Rs 2,110 and a stop loss below Rs 2,060 for a target of Rs 2,300.
The stock can be bought at current levels and on dips towards Rs 1,610 with a stop loss below Rs 1,535 and a target of Rs 1,850.
Despite the expected volatility, here are top 10 stocks where analysts initiated coverage with a buy rating in February
Immediate resistance zone is seen at 10,960-11,020. But, last week’s high of 11,118 needs to be taken out a rally to be seen on the upside
Mitessh Thakkar of mitesshthakkar.com recommends selling UltraTech Cement with a stop loss of Rs 3525 and target of Rs 3300, Hindalco Industries with a stop loss of Rs 204.25 and target of Rs 190 and Indian Bank with a stop loss of Rs 214 and target of Rs 191.
One can look to go long around for a target of Rs.468 in the coming weeks. The stop loss can be placed at Rs 395.80.
We recommend going long for a positional target of Rs 2,898 in the coming days. The stop loss can be placed at Rs 2,620.
The scrip has remained in a positive trajectory to form a long bullish candlestick pattern on the weekly price chart led by volume growth indicating a buying regime.
We expect this growth momentum to continue into H2 FY19.
We expect HDFC Bank to be a major gainer of the current crisis in the NBFC space as it has best-in-class liability franchises along with superior customer outreach across business segments.
We like the company, the industry’s myopic reliance on only the auto and logistics sectors, the concentrated dependence of the end-product pricing on China’s operational capacities and duties imposed by the government render us cautious.
The Nifty index witnessed lower rolls from January to February series and it has seen addition of around 20 percent in the last six-seven trading sessions of this series
Aurobindo has maintained its guidance of 30 percent YoY growth in injectable sales. Further, company filed 10 ANDAs, including 4 injectables, taking the cumulative ANDAs pending for approval to 122
Most analysts are of the view that the valuations remain constructive for M&M, however, margins are likely to remain on the soft side
Any decisive move above the stiff resistance 10,985 will push Nifty higher towards previous swing high (11,111)