Traders Diary: Buy, sell or hold strategy on ICICI Bank, Infosys, Tata Steel, Tech Mahindra, Hindalco, 15 other stocks today
Trading ideas for March 16: In this edition of Traders Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday, March 16. Check out which stocks are on analysts Kushal Gupta and Arman Nahars radar, and what they recommend in cash and derivative segments.
Trading ideas for March 16: In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday. Check out which stocks are on analysts Kushal Gupta and Arman Nahar's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for March 16:
Kushal Gupta
Buy Varun Beverages shares in the cash segment for a target of Rs 1,386 with a stop loss at Rs 1,330
Sell Tata Steel futures for a target of Rs 106 with a stop loss at Rs 111
Buy the Rs 590 call option of Berger Paints at Rs 10 for a target of Rs 25 with a stop loss at Rs 6
Technical pick: Sell ICICI Bank futures for a target of Rs 800 with a stop loss at Rs 840
Fundamental pick: Sell Axis Bank futures for a target of Rs 798 with a stop loss at Rs 835
Investment idea: Buy MCX shares for a 120-month target of Rs 1,800
News-based pick: Sell Nalco shares for a target of Rs 78 with a stop loss at Rs 86
My Choice picks:
- Sell Wipro futures for a target of Rs 365 with a stop loss at Rs 385
- Sell Tech Mahindra futures for a target of Rs 1,080 with a stop loss at Rs 1,135
- Sell Firstsource futures for a target of Rs 107 with a stop loss at Rs 116
Arman Nahar
Buy Sarda Energy shares in the spot makret for a target of Rs 1,190 with a stop loss at Rs 1,148
Buy Asian Paints futures for a target of Rs 2,850 with a stop loss at Rs 2,730
Buy the Rs 1,420 put option of Infosys at Rs 27.1 for a target of Rs 36 with a stop loss at Rs 24.5
Technical pick: Sell ONGC futures for a target of Rs 148.5 with a stop loss at Rs 155.5
Fundamental pick: Buy Orient Paper for a 12-month target of Rs 45
Investment idea: Buy Titagarh Wagons for a 12-month target of Rs 294
News-based pick: Buy Godawari Power for a target of Rs 382 with a stop loss at Rs 368.5
My Choice picks:
- Buy Titan for a target of Rs 2,470 with a stop loss at Rs 2,375
- Sell Hindalco futures for a target of Rs 392 with a stop loss at Rs 408
- Buy Blue Dart shares for a target of Rs 6,300 with a stop loss at Rs 6,070
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.