Traders Diary: Buy, sell or hold strategy on ICICI Bank, Axis Bank, M&M, Mazagon Dock, Gujarat Gas, over a dozen other stocks today
Here's the complete list of investment and trading ideas for today, June 26, 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 Wednesday, June 26, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy Time Technoplast shares in the cash segment for a target of Rs 342 with a stop loss at Rs 325
Buy Mahindra & Mahindra (M&M) futures (July) for a target of Rs 3,000 with a stop loss at Rs 2,870
Buy the Rs 1,200 call option of ICICI Bank at Rs 33 for a target of Rs 50 with a stop loss at Rs 23
Technical pick: Buy Can Fin Homes futures (July) for a target of Rs 925 with a stop loss at Rs 890
Fundamental pick: Buy HDFC AMC shares for a one-year target of Rs 5,000.
Investment idea: Buy Samvardhana Motherson shares for a one-year target of Rs 230
News-based pick: Buy Jupiter Wagons shares for a target of Rs 675 with a stop loss at Rs 647
My Choice picks:
- Buy Gujarat Gas futures (July) for a target of Rs 618 with a stop loss at Rs 590
- Buy Apollo Tyres futures (July) for a target of Rs 530 with a stop loss at Rs 510
- Buy LIC Housing Finance futures (July) for a target of Rs 792 with a stop loss at Rs 760
Ashish Chaturvedi
Buy Wockhardt shares in the cash segment for a target of Rs 657 with a stop loss at Rs 608
Sell IPCA Labs futures (July) for a target of Rs 1,070 with a stop loss at Rs 1,116
Buy the 187.5 call option of L&T Finance for a target of Rs 14 with a stop loss at Rs 7.50
Technical pick: Buy Kaynes Tech shares for a target of Rs 4,250 with a stop loss at Rs 4,000
Fundamental pick: Buy Axis Bank shares for a three-month target of Rs 1,400
Investment idea: Buy JBM Auto shares for a target of Rs 2,580 from a perspective of 12 months
News-based pick: Buy Vishnu Prakash R Punglia Ltd (VPRPL) shares for a target of Rs 201 with a stop loss at Rs 193
My Choice picks:
- Buy Mazagon Dock Shipbuilders shares for a target of Rs 4,140 with a stop loss at Rs 3,960
- Buy PNB Housing shares for a target of Rs 620 with a stop loss at Rs 770
- Buy Triveni Engineering shares for a target of Rs 620 with a stop loss at Rs 590
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