Stocks to Buy on Monday - TVS Motor, S P Apparels, V-Guard are top picks for high gains – see price targets on NSE

Stocks to Buy on Monday – Analyst Sandeep Jain said that the week gone by has been very special and achieved new highs. Mid Cap and Small Cap stocks have been having a good run. He was also bullish on the Nifty Bank. He recommended stocks from the futures and options (F&O) markets, cash markets and also with a positional term view.  

The India stock markets scaled new peaks over this weak as BSE Sensex and NSE Nifty 50 climbed almost 3.5 per cent. The 30-share Sensex ended above 58,100 while the broader market Nifty 50 closed at 17,300. The stocks in realty, bank, IT and metal sectors had a free run. Realty index jumped by almost 10 per cent while Nifty Bank was up 3 per cent.

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Among the top performers, index heavyweight Reliance Industries Limited shares (RIL shares) jumped up 7 per cent, while Shree Cement shares were up 13 per cent. Bajaj Finance Gained by 8 per cent.

Stocks to Buy on Monday – TVS Motor shares – Jain recommended TVS Motor Company shares as an intraday pick for Monday from the F&O segment. This stock ended around Rs 540 on the NSE on Friday, up by almost 1.9 per cent. He puts the stop loss at Rs 528 and gives two targets – Rs 557 and Rs 561.

Stocks to Buy on Monday – S P Apparels share price – He said that he was bullish on textile sector as well as this segment has been seeing good response from the investors. He said that this stock was looking good technical and has seen some correction. He picked S P Apparels Limited shares as in intraday cash market pick.

This stock ended at Rs 315 on the NSE in Friday, by almost 3.6 per cent from the Thursday closing price. He puts the stop loss at Rs 304 while the target price at Rs 321/325.

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Stocks to Buy on Monday – V-Guard Industries shares – Jains positional pick for Monday was V-Guard share. This stock was trading at Rs 250 at the time of recommendation. He puts the stop loss at Rs 240 while the target price at Rs 270 and Rs 290.