Traders' Diary: Buy, sell or hold strategy on ICICI Prudential, PowerGrid, Indian Hotels, NBCC, Shree Renuka, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on more than a dozen stocks that investors and traders can track during the course of the day. Check out which stocks are on analysts' radar, and what they recommend in cash and derivative segments.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on more than a dozen stocks that investors and traders can track on Wednesday, September 6. Check out which stocks are on analysts Ashish Chaturvedi and Varun Dubey's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
Buy Punjab & Sind Bank shares in the cash segment for a price target of Rs 41.2 with a stop loss at Rs 39
Sell Asian Paints futures for a target of Rs 3,200 with a stop loss at Rs 3,255
Buy the Rs 535 put option of ICICI Prudential for a target of Rs 17 with a stop loss at Rs 10
Technical pick: Buy Kesoram Industries shares for a target of Rs 105 with a stop loss at Rs 92
Fundamental pick: Buy ONGC shares for a target of Rs 192 with a perspective of 15 days
Investment idea: Buy CAMS shares for a one-year target of Rs 2,950
News-based pick: Buy NBCC shares for a target of Rs 62 with a stop loss at Rs 59
My Choice picks:
- Buy Oberoi Realty shares for a target of Rs 1,200 with a stop loss at Rs 1,130
- Buy KCP Sugar shares for a target of Rs 38 with a stop loss at Rs 34
- Buy Rallis India shares for a target of Rs 245 with a stop loss at Rs 230
Varun Dubey
Buy Safari Industries shares in the spot market for a target of Rs 3,850 with a stop loss at Rs 3,700
Sell Hindalco futures for a target of Rs 475 with a stop loss at Rs 492
Buy the Rs 255 call option of PowerGrid for a target of Rs 8 with a stop loss at Rs 5
Technical pick: Buy NOCIL shares for a target of Rs 250 with a stop loss at Rs 235
Fundamental pick: Buy NLC India shares for a target of Rs 150 with a stop loss at Rs 141
Investment idea: Buy Gillette shares for a six-month target of Rs 6,200
News-based pick: Buy NRB Bearing shares for a target of Rs 284 with a stop loss at Rs 268
My Choice picks:
- Buy HOEC shares for a target of Rs 173 with a stop loss at Rs 163
- Buy Shree Renuka Sugars shares for a target of Rs 53 with a stop loss at Rs 49.5
- Buy Indian Hotels shares for a target of Rs 440 with a stop loss at Rs 414
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09:16 AM IST