Traders Diary: Buy, sell or hold strategy on Infosys, Wipro, Dixon Tech, Ashok Leyland, Delta Corp, over a dozen other stocks today
Trading ideas for May 24: 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. Check out which stocks are on analysts Kushal Gupta and Varun Dubeys radar, and what they recommend in cash and derivative segments.
Trading ideas for May 24: 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. Check out which stocks are on analysts Kushal Gupta and Varun Dubey's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy Bikaji Foods shares in the spot market for a target of Rs 394 with a stop loss at Rs 378
Buy Tata Chemicals futures (June) for a target of Rs 1,000 with a stop loss at Rs 955
Buy the Rs 240 call option of Biocon at Rs 12 for a target of Rs 24 with a stop loss at Rs 7
Technical pick: Buy Manappuram Finance shares for a target of Rs 115 with a stop loss at Rs 108
Fundamental pick: Buy Delta Corp shares for a 12-month target of Rs 300
Investment idea: Buy Infosys shares for a 12-month target of Rs 1,600
News-based pick: Buy Lumax Autotech shares for a target of Rs 317 with a stop loss at Rs 302
My Choice picks:
- Byy Schneider Electric shares for a target of Rs 195 with a stop loss at Rs 184
- Buy Linde India shares for a target of Rs 3,960 with a stop loss at Rs 3,840
- Buy Shriram Properties shares for a target of Rs 66 with a stop loss at Rs 61
Varun Dubey
Buy Gabriel India shares in the cash segment for a target of Rs 175 with a stop loss at Rs 165
Buy Dixon Tech futures for a target of Rs 3,360 with a stop loss at Rs 3,250
Buy the Rs 395 put option of Wipro for a target of Re 1.5 with a stop loss at Re 1
Technical pick: Buy Somany Ceramics shares for a target of Rs 660 with a stop loss at Rs 625
Fundamental pick: Buy Ashok Leyland shares for a target of Rs 158 with a stop loss at Rs 149
Investment idea: Buy CDSL shares for an eight-month target of Rs 1,200
News-based pick: Buy Polyplex Corp shares for a target of Rs 1,570 with a stop loss at Rs 1,510
My Choice picks:
- Buy Faze Three shares for a target of Rs 366 with a stop loss at Rs 345
- Buy Amara Raja Batteries shares for a target of Rs 660 with a stop loss at Rs 624
- Buy Varun Beverages shares for a target of Rs 1,620 with a stop loss at Rs 1,525
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