Stock to Buy: Brokerage recommends buying these 3 stocks for potential gain in 10 days | Check target, stop loss
Stocks to Buy: Brokerage HDFC Securities has recommended three stocks for positional traders to consider buying. These stocks are CESC, Supriya Lifescience, and Advanced Enzyme Technologies, with a suggested holding period of up to 10 days. Check targets.
Stocks to Buy: The upward trend in the domestic stock market halted on Friday, after five consecutive days of gains, during which the Sensex and Nifty reached new record levels. Amid this, brokerage HDFC Securities has recommended three stocks for positional traders to consider buying. These stocks are CESC, Supriya Lifescience, and Advanced Enzyme Technologies, with a suggested holding period of up to 10 days.
CESC Share Target Price
HDFC Securities has rated CESC as a technical pick and recommends a 'BUY' with a 10-day outlook. The target price is set at Rs 192.3, with a stop loss at Rs 170. The recommended buying range is between Rs 175 and Rs 179.7. As of August 2, 2024, CESC closed at Rs 179.75, down 1.13 per cent.
Supriya Lifescience Share Target Price
Supriya Lifescience has also been identified as a technical pick. The firm suggests buying this stock with a target price of Rs 447 and a stop loss at Rs 396. The recommended buying range is between Rs 417.30 and Rs 402. On August 2, 2024, Supriya Lifescience closed at Rs 422.45, up 5.94 per cent.
Advanced Enzyme Technologies Share Target Price
HDFC Securities recommends buying Advanced Enzyme Technologies with a 'BUY' rating for a 10-day outlook. The target price is Rs 460, with a stop loss at Rs 404. The suggested buying range is between Rs 427.15 and Rs 413. On August 2, 2024, the stock closed at Rs 431.35, up 1.95%.
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