Traders' Diary: Buy, sell or hold strategy on Indian Oil, Hindalco, Tata Consumer Products, IRCTC, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday, May 29, 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, May 29, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: Campus
Buy Campus Activewear shares in the cash segment for a target price of Rs 258 with a stop loss at Rs 246
Futures & Option (F&O) Picks: Apollo Tyres, Coromandel
- Sell Apollo Tyres futures (June) for a target of Rs 460 with a stop loss at Rs 483
- Buy the Rs 1,300 call option of Coromandel International at Rs 60 for a target of Rs 85 with a stop loss at Rs 50
Technical Stock Pick: Dabur
Buy Dabur futures (June) for a target price of Rs 590 with a stop loss at Rs 565
Fundamental Stock Pick: Tata Consumer Products
Buy Tata Consumer Products shares for a one-year target of Rs 1,300
Investment Stock Idea: Endurance Tech
Buy Endurance Technologies shares for a one-target of Rs 2,500.
News-based Stock Pick: Prudent Corporate
Buy Prudent Corporate Advisory Services shares for a target of Rs 1,700 with a stop loss at Rs 1,640
My Choice picks:
- Buy MedPlus Health Services shares for a target of Rs 725 with a stop loss at Rs 692
- Buy Metropolis Healthcare futures (June) for a target of Rs 2,023 with a stop loss at Rs 1,940
- Sell Indian Oil Corporation Ltd (IOCL) futures (June) for a target of Rs 162 with a stop loss at Rs 172
Varun Dubey
Cash Segment Stock Pick: Insecticides
Buy Insecticides India shares in the cash segment for a target price of Rs 590 with a stop loss at Rs 557]
Futures & Option (F&O) Picks: ITC, Hindalco
- Buy ITC futures for a target of Rs 445 with a stop loss at Rs 422
- Buy the Rs 680 call option of Hindalco Industries for a target of Rs 55 with a stop loss at Rs 33
Technical Stock Pick: Deepak Nitrite
Sell Deepak Nitrite futures (May) for a target of Rs 2,230 with a stop loss at Rs 2,340
Fundamental Stock Pick: AB Fashion
Buy Aditya Birla Fashion and Retail Ltd (ABFRL) shares for a target of Rs 297 with a stop loss at Rs 280
Investment Stock Idea: Jyothy Labs
Buy Jyothy Labs shares for a one-year target of Rs 600
News-based Stock Pick: NBCC
Buy Voltas shares for a target of Rs 145 with a stop loss at Rs 136
My Choice picks:
- Sell Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) shares for a target of Rs 655 with a stop loss at Rs 684
- Sell IRCTC shares for a target of Rs 1,050 with a stop loss at Rs 1,100
- Buy Oil India Ltd (OIL) shares for a target of Rs 675 with a stop loss at Rs 648
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