Traders Diary: Buy, sell or hold strategy on Cummins, ONGC, Oberoi Realty, Anand Rathi Wealth, Samvardhan Motherson, 15 other stocks today
In this edition of Traders Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday, February 9 - a day after the RBI gave the repo rate a hike of 25 basis points along expected lines. Check out which stocks are on analysts Ashish Chaturvedi and Arman Nahars 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 20 stocks that investors and traders can track on Thursday, February 9 — a day after the RBI gave the repo rate a hike of 25 basis points as widely expected. Check out which stocks are on analysts Ashish Chaturvedi and Arman Nahar's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for February 9:
Kushal Gupta
Buy GOCL in the cash segment for a target of Rs 347 with a stop loss at Rs 334
Buy Samvardhan Motherson futures for a target of Rs 84 with a stop loss at Rs 80
Buy the Rs 1,980 put option of Escorts for a target of Rs 54 with a stop loss at Rs 35
Technical pick: Buy Can Fin Homes for a target of Rs 610 with a stop loss at Rs 580
Fundamental pick: Buy Venkys for a target of Rs 1,885 with a stop loss at Rs 1,800
Investment idea: Buy ONGC for a target of Rs 170 with a perspective of 6-9 months
News-based pick: Buy SKM Eggs for a target of Rs 187 with a stop loss at Rs 170
My Choice picks:
- Buy SKF India for a target of Rs 4,600 with a stop loss at Rs 4,400
- Buy JB Chem for a target of Rs 2,140 with a stop loss at Rs 2,000
- Buy IOB for a target of Rs 27.6 with a stop loss at Rs 26.5
Arman Nahar
Buy NCC for a target of Rs 97.5 with a stop loss at Rs 93.5
Buy Cummins futures for a target of Rs 1,515 with a stop loss at Rs 1,458
Buy the 840 call option of Oberoi Realty at Rs 24 for a target of Rs 31 with a stop loss at Rs 21.5
Technical pick: Buy HG Infra for a target of Rs 675 with a stop loss at Rs 648
Fundamental pick: Buy Anand Rathi Wealth for a target of Rs 960 with a view of 12 months
Investment idea: Buy Accelya Solutions for a target of Rs 1,550 with a perspective of 15 months
News-based pick: Buy ISGEC Heavy Engineering for a target of Rs 490 with a stop loss at Rs 470
My Choice picks:
- Buy Gujarat Pipavav for a target of Rs 95.5 with a stop loss at Rs 91.6
- Buy Jindal Saw for a target of Rs 155 with a view of 12 months
- Buy AU Small Finance Bank for a target of Rs 670 with a stop loss at Rs 643
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