Traders Diary: Buy, sell or hold strategy on Max Healthcare, JBM Auto, Hindalco, and more
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, December 23, 2024.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, December 23, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here’s a Traders’ Diary for December 23:
Kushal Gupta’s Picks
Invest
- Max Healthcare – Buy – Target Rs 1400, Duration 1 year
A strong stock in the healthcare space with steady growth prospects.
News-Based Picks
- JBM Auto – Buy – Target Rs 1695, SL Rs 1630
Subsidiary secures a Rs 1,800 crore order for 343 electric buses for procurement, operation, and maintenance.
My Choice Picks
- Godrej Consumer Products – Sell – Target Rs 1040, SL Rs 1080
The stock has declined by over 12 per cent in the past month.
Best Pick
- M&M – Buy – Target Rs 3500, Duration 1 year
An auto OEM leader with robust fundamentals.
Ashish Chaturvedi’s Picks
Cash
- Titagarh Rail – Buy – Target Rs 1393, SL Rs 1295
Strong buying interest even in a weak market.
Futures
- Indiamart – Sell – Target Rs 2150, SL Rs 2280
Broke below February 2023 lows, signalling further weakness.
Options
- InterGlobe Aviation (4400 CE) – Buy – Target Rs 65, SL Rs 45
Elara Capital raises target to Rs 5309, fueling optimism.
Techno Picks
- Camlin Fine – Buy – Target Rs 140, SL Rs 119
Accumulation visible on the charts.
Fundamental Picks
- JSW Infra – Buy – Target Rs 340, Duration 1 month
Recent acquisition of Navkar Corp is set to transform its business model.
My Choice Picks
- Kopran – Buy – Target Rs 226, SL Rs 212
Promoter raises stake to 5.46 per cent through a major share purchase. - Aubank – Sell – Target Rs 530, SL Rs 550
Monthly chart breakdown suggests continued bearish momentum.
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