Pick of the Week With Anil Singhvi: SRF, HCL Tech, ICICI Bank, CCL Products, Tata Coffee are top experts recommendations
On his latest show today, Zee Business Managing Editor Anil Singhvi reveals stock market experts top picks for trading this week. Starting off, Market Expert Simi Bhaumik said that her top pick for the week would be SRF. The symmetrical triangle on the stock looks good and breakout is possible. The target on the SRF share price is Rs 6290 - Rs 6360 with stop-loss of Rs 6050. Also, she said HCL Tech should be accumulated in the range of Rs 890 - Rs 905
On his latest show today, Zee Business Managing Editor Anil Singhvi reveals stock market experts' top picks for trading this week. Starting off, Market Expert Simi Bhaumik said that her top pick for the week would be SRF. The symmetrical triangle on the stock looks good and breakout is possible. The target on the SRF share price is Rs 6290 – Rs 6360 with stop-loss of Rs 6050. Also, she said HCL Tech should be accumulated in the range of Rs 890 – Rs 905.
Market Expert, Rakesh Bansal said that ICICI Bank should be bought with a stop-loss of Rs 564 and target of Rs 584. Also, he said that ONGC looks good on charts and risk-reward ratio is favourable. The target price on the stock is Rs 112 – Rs 118 and stop-loss is Rs 101.5.
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Sandeep Wagle, CEO at Sandeep Wagle Advisory Services said that Escorts could be sold at higher levels in the range of Rs 1150 – Rs 1160, the stop-loss for this trade is Rs 1173 and target price is Rs 1050.
Jay Thakkar, Vice President & Head of Research (Fundamental, Technical, Derivatives & Algo) at Marwadi Shares and Finance said that CCL Products is his pick of the week. The stock is seeing a breakout looking at its symmetrical triangle pattern. The target price on the stock is Rs 292 and stop-loss is Rs 258.
Sandeep Jain, Market Expert at Tradeswift said that midcaps and smallcaps stock will remain in action and good buying may happen in this counter. He picks Everest Industries, BSE, HDFC and Tata Coffee.
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