Top Stocks to Buy - TCS, Infosys, PNB, Bharat Forge, Tata Motors and MORE; From trading to investment perspective Zee Business research brings all
In Traders Dairy today, Zee Business Research Analysts Kushal Gupta and Ashish Chaturvedi pick these stocks for bumper returns, explaining why these companies look lucrative.
In Trader’s Dairy today, Zee Business Research Analysts Kushal Gupta and Ashish Chaturvedi pick these stocks for bumper returns, explaining why these companies look lucrative.
In the first lot of 10 shares, Gupta from cash space picks a mid-cap counter Persistent Systems to Buy for a target of Rs 2590 and stop-loss of Rs2485 per share. The stock is currently trading half a per cent higher at Rs 2531 per share.
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Similarly, from F&O (Futures and Options) space he chooses IT heavyweights Tata Consultancy Services and Infosys 1400 CE to Buy for a target of Rs 3258 per share and Rs 45 per share and stop-loss of Rs 3125 per share and Rs 25 per share respectively.
In his technical pick, Gupta picks BSE limited, which rallied during yesterday’s trade and the analysts expects the bull run to continue even today, he sets a target of Rs 955 per share with a stop-loss of Rs 902 per share.
Over a one-year period, Gupta expects Sonata Software to surge to Rs 840 per share. The stock is fundamentally quite strong and has scope of momentum in the shares of this IT Company.
With respect to the investment view, the research analyst is bullish on capital goods stock L&T (Larsen and Toubro). He recommends a Buy on it at a price target of Rs 1900 per share in one year. This stock is also the best pick of the analyst for the day.
While on the back of strong results, Gupta chooses an oil marketing company, BPCL stating as the stock would surge amid news of heavy dividend. He recommends to Buy with a price target of Rs 485 per share and stop-loss of Rs 462 per share.
In my choice category, Gupta recommends to Buy PNB, Bharat Forge and Tata Motors with a price target of Rs 40.5, Rs 688, and Rs 410 per share respectively. He sets stop loss of Rs 38.5 and Rs 658 per share for PNB and Bharat Forge.
From an investment perspective, Chaturvedi recommends KPR Mills to Buy with a target of 1625 per share and stop-loss of 1530 per share. In F&O space, he suggests M&M and Reliance May 1960 CE to Buy for a target of Rs 845 and Rs 28 per share and stop-loss of Rs 814 and Rs 12.60 per share respectively.
Chaturvedi picks GSPL as its technical pick and Coal India as a fundamental pick with a price target of Rs 312 and Rs 175 per share. He sets a stop loss of Rs 265 per share for the former and expects the latter to grow within three months.
The research analyst suggests HSIL to Buy as an investment option for a year with a target of Rs 300 per share. While Visaka Industries would see a surge due to news impact with a price target of Rs 713 per share and stop loss of Rs 652 per share, recommends Chaturvedi.
In my choice category, he picks Rites, CERA and Quess Corp to Buy with a price target of Rs 254, Rs 4260, Rs 682 per share and stop-loss of Rs 246, Rs 4050, Rs 645 per share respectively.
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