Traders' Diary: Buy, sell or hold strategy on M&M, Bajaj Finance, Power Grid, Indus Towers, United Spirits, over a dozen 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 Tuesday, April 23, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.

Here's the complete list of investment and trading ideas for the day:

Kushal Gupta

Buy Hatsun Agro shares in the cash segment for a target price of Rs 1,055 with a stop loss at Rs 1,010

Buy Axis Bank futures for a target of Rs 1,085 with a stop loss at Rs 1,040

Buy the Rs 740 call option of SBI Cards at Rs 9 for a target of Rs 18 with a stop loss at Rs 5

Technical pick: Sell M&M Finance futures for a target price of Rs 265 with a stop loss at Rs 283

Fundamental pick: Buy Power Grid Corporation shares for a one-year target of Rs 2,500

Investment idea: Buy Mahindra & Mahindra (M&M) shares for a one-year target of Rs 2,500

News-based pick: Buy Inox Wind shares for a target of Rs 615 with a stop loss at Rs 590

My Choice picks:

• Buy Balrampur Chini futures for a target of Rs 388 with a stop loss at Rs 373
• Buy United Spirits futures for a target of Rs 1,200 with a stop loss at Rs 1,150
• Buy Indus Towers futures for a target of Rs 360 with a stop loss at Rs 343

Ashish Chaturvedi

Buy Rallis India shares in the cash segment for a target price of Rs 294 with a stop loss at Rs 276

Buy Max Financial Services Ltd (MFSL) shares for a target of Rs 1,100 with a stop loss at Rs 1,050

Buy the Rs 7,300 call option of Bajaj Finance for a target of Rs 120 with a stop loss at Rs 80

Technical pick: Buy Honasa Consumer shares for a target of Rs 425 with a stop loss at Rs 396

Fundamental pick: Buy CDSL shares for a target of Rs 2315 with a perspective of 3 months

Investment idea: Buy IFB Industries shares for a one-year target of Rs 1,900

News-based pick: Buy Indian Overseas Bank shares for a target of Rs 65 with a stop loss at Rs 60

My Choice picks:

• Buy CESC shares for a target of Rs 150 with a stop loss at Rs 140
• Buy Fortis Healthcare shares for a target of Rs 465 with a stop loss at Rs 430
• Buy Tamilnad Mercantile Bank shares for a target of Rs 520 with a stop loss at Rs 490

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