Stock Pick of the Week: Triveni Engineering, Balrampur Chini, IEX, EIH among analysts' top picks
Picks of the Week (April 29-May 3): Market experts Mehul Kothari, Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia and Sandeep Jain share their top stock recommendations in this special segment, Pick of the Week.
Stock picks for the week (April 29-May 3): In conversation with Zee Business Managing Editor Anil Singhvi, market experts Mehul Kothari, Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia and Sandeep Jain share their top stock recommendations in this special segment, Pick of the Week. On the top analysts' watchlists are stocks such as Triveni Engineering, EIH, Petronet LNG and IEX.
(Disclaimer: The views/suggestions/recommendations advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)
Buy Triveni Engineering shares, says Rakesh Bansal
Rakesh Bansal of Rakesh Bansal Ventures suggests buying Triveni Engineering shares for a target of Rs 392 with a stop loss at Rs 350.
Sell IndusInd Bank, buy Nifty Bank: Rakesh Bansal
Rakesh Bansal of Rakesh Bansal Ventures suggests selling one lot of IndusInd Bank shares and buying two lots of Nifty Bank in the cash segment. He has placed his target for IndusInd Bank at Rs 1,360 with a stop loss at Rs 1,502 and for Nifty Bank at 49,252 with a stop loss at 47,500.
Buy Balrampur Chini futures, says Mehul Kothari
Mehul Kothari of Anand Rathi believes Balrampur Chini shares are on the verge of a breakout given a bullish pattern on the charts.
Kothari suggests buying the futures at Rs 400 for a target of Rs 424 with a stop loss at Rs 388.
Buy IEX futures, says Kunal Saraogi
Kunal Saraogi of Equity Rush expects the strong momentum seen in IEX shares last week to continue. He suggests buying the futures for targets of Rs 163 and Rs 165 with a stop loss at Rs 158.
Buy Petronet LNG shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking expects strong momentum in the Petronet LNG stock to continue.
He suggests buying the stock for targets of Rs 315 and Rs 320 with a stop loss at Rs 301.
Buy EIH shares, says Sandeep Jain
Sandeep Jain of TradeSwift suggests buying EIH shares for targets of Rs 485 and Rs 490 with a stop loss at Rs 469.