Traders Diary: Buy, sell or hold strategy on HCL Tech, ONGC, Titan, Vedanta, Nykaa, 15 other stocks today
In this edition of Traders Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday, March 6 as Dalal Street enters a holiday-truncated week on account of Holi on Tuesday. Check out which stocks are on analysts Ashish Chaturvedi and Varun Dubeys radar, and what they recommend in cash and derivative segments.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday, March 6 as Dalal Street enters a holiday-truncated week on account of Holi on Tuesday. Check out which stocks are on analysts Ashish Chaturvedi 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 March 6:
Ashish Chaturvedi
Buy Carborundum Universal in the cash segment for a target of Rs 1,100 with a stop loss at Rs 990
Buy HAL futures for a target of Rs 2,762 with a stop loss at Rs 2,680
Buy the Rs 1,120 call option of HCL Tech for a target of Rs 34 with a stop loss at Rs 20
Technical pick: Buy Narayana Hrudayalaya for a target of Rs 820 with a stop loss at Rs 765
Fundamental pick: Buy PowerGrid for a three-month target of Rs 245
Investment idea: Buy Nykaa for a six-month target of Rs 170
News-based idea: Buy MCX for a target of Rs 1,470 with a stop loss at Rs 1,430
My Choice picks:
- Buy Kirloskar Ferrous for a target of Rs 470 with a stop loss at Rs 434
- Buy Intersol Rand for a target of Rs 2,400 with a stop loss at Rs 2,250
- Buy Karnataka Bank for a target of Rs 152 with a stop loss at Rs 145
Varun Dubey
Buy Bajaj Electricals in the spot market for a target of Rs 1,140 with a stop loss at Rs 1,090
Sell ONGC futures for a target of Rs 152 with a stop loss at Rs 157
Buy the Rs 107.5 call option of Manappuram for a target of Rs 4 with a stop loss at Rs 2.5
Technical pick: Buy BSE for a target of Rs 460 with a stop loss at Rs 442
Fundamental pick: Buy Vedanta for a target of Rs 299 with a stop loss at Rs 284
Investment idea: Buy Titan for a six-month target of Rs 2,700
News-based pick: Buy MGL for a target of Rs 934 with a stop loss at Rs 895
My Choice picks:
- Sell Britannia for a target of Rs 4,340 with a stop loss at Rs 4,480
- Buy Union Bank for a target of Rs 74.5 with a stop loss at Rs 71.5
- Buy Birlasoft for a target of Rs 290 with a stop loss at Rs 275
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