Traders Diary: Buy, sell or hold strategy on HDFC Bank, Asian Paints, Zomato, Canara Bank, Bharat Forge, 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 Thursday, March 9. 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 Thursday, March 9. 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 9:
Ashish Chaturvedi
Buy Linde India shares in the cash segment for a target of Rs 4,000 with a stop loss at Rs 3,840
Buy HDFC Bank futures for a target of Rs 1,655 with a stop loss at Rs 1,626
Buy the Rs 315 call option of Canara Bank for a target of Rs 12.5 with a stop loss at Rs 5
Technical pick: Buy Bosch for a target of Rs 19,550 with a stop loss at Rs 18,300
Fundamental pick: Buy Tejas Networks for a two-month target of Rs 690
Investment idea: Buy Tata Steel for a 12-month target of Rs 130
News-based pick: Buy LG Balakrishnan & Bros shares for a target of Rs 730 with a stop loss at Rs 705
My Choice picks:
- Buy Hitachi Energy for a target of Rs 3,600 with a stop loss at Rs 3,400
- Buy Action Construction Equipment shares for a target of Rs 395 with a stop loss at Rs 375
- Buy Zomato for a target of Rs 57 with a stop loss at Rs 54
Varun Dubey
Buy Shoppers Stop shares in the spot market for a target of Rs 667 with a stop loss at Rs 638
Buy Shriram Finance futures for a target of Rs 1,320 with a stop loss at Rs 1,260
Buy the Rs 2,860 call option of Asian Paints for a target of Rs 74 with a stop loss at Rs 51
Technical pick: Buy AB Capital for a target of Rs 164 with a stop loss at Rs 156
Fundamental pick: Buy Sterlite Tech for a target of Rs 178 with a stop loss at Rs 170
Investment idea: Buy Cummins for an eight-month target of Rs 1,900
News-based pick: Buy Bharat Forge for a target of Rs 860 with a stop loss at Rs 825
My Choice picks:
- Buy Sonata Software for a target of Rs 846 with a stop loss at Rs 810
- Buy Aegis Logistics for a target of Rs 405 with a stop loss at Rs 388
- Buy REC for a target of Rs 128 with a stop loss at Rs 122
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