Traders Diary on 20 stocks: Buy, Sell or Hold strategy on Vedanta, ICICI Bank, Eicher Motors, SBI others
Stocks to buy, Traders Diary, Traders Diary, Eicher Motor, Vedanta, ICICI Bank, SBI, SBI Cards: The Indian markets on Wednesday traded lackluster for yet another session and lost over half a percent. After the initial uptick, the benchmark indices – Nifty and Sensex – inched lower and oscillated in a narrow band till the end and finally settled at 18,560.50 and 62,410.68 levels.
A mixed trend across sectors kept the traders busy wherein buying in the FMCG (Fast Moving Consumer Goods) majors capped the downside. The broader indices traded in sync with the benchmark and lost nearly half a percent each.
In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them. The research team of senior analysts Kushal Gupta and Varun Dubey recommend a buy, sell or hold strategy in cash stocks, futures and give their best picks for Thursday.
Stocks Recommended Varun Dubey
CASH: BUY HINDUSTAN ZINC TARGET Rs 325 Stop Loss Rs 310
FUTURES: BUY VEDANTA TARGET Rs 322 Stop Loss Rs 307
OPTIONS: BUY ICICI BANK TARGET Rs 930 25 Stop Loss Rs 16
TECHNO: BUY NLC INDIA TARGET Rs 97 Stop Loss Rs 91.5
FUNDA: BUY REDINGTON TARGET Rs 195 Stop Loss Rs 183
INVESTMENT: BUY SBI CARDS TARGET Rs 950 DURATION 6 MONTHS
IN NEWS: BUY STYLAM INDUSTRIES TARGET Rs 1220 Stop Loss Rs 1150
MY CHOICE
SELL BHEL FUT TARGET Rs 85 Stop Loss Rs 89
SELL INDUS TOWERS FUT TARGET Rs 190 Stop Loss Rs 199
SELL LTIMINDTREE FUT TARGET Rs 4600 Stop Loss Rs 4775
BEST PICK: BUY SBI CARDS TARGET 950 DURATION 6 MONTHS
Stocks Recommended by KUSHAL GUPTA
CASH: TMB BUY Rs 530, Stop Loss Rs 507
FUTURES: HINDALCO SELL Rs 450, Stop Loss Rs 470
OPTIONS: EICHER MOTORS Rs 3250 CE@ 114 BUY Rs 135, Stop Loss - Rs 105
TECHNO: HUL BUY Rs 2800, Stop Loss Rs 2695
FUNDA: LUMAX IND BUY Rs 2200, DURATION 12 MONTHS
INVESTMENT: SBI BUY Rs 720, DURATION 12 MONTHS
NEWS: HCL TECH -BUY Rs 1140, Stop Loss Rs 1090
MY CHOICE
TATA STEEL FUT SELL Rs 107, Stop Loss Rs 115
DLF FUT SELL Rs 395, Stop Loss Rs 415
AU SMALL FIN BANK BUY Rs 690, Stop Loss Rs 662
BEST PICK: SBI BUY Rs 720, DURATION 12 MONTHS
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08:34 AM IST