Traders Diary: Buy, sell or hold strategy on CIL, Inox Wind, Britannia, Dr Reddys, Escorts Kubota, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday, May 6, 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 Monday, May 6, 2024. Check out the complete list of stocks on analysts Nupur Jainkunia and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Nupur Jainkunia
Buy Anup Engineering shares in the spot market for a target of Rs 1,930 with a stop loss at Rs 1,820
Buy Kotak Mahindra Bank futures for a target of Rs 1,630 with a stop loss at Rs 1,540
Buy the Rs 475 call option of Coal India for a target of Rs 25 with a stop loss at Rs 15
Technical pick: Buy Piramal Pharma shares for a target of Rs 167 with a stop loss at Rs 144
Fundamental pick: Buy DMart shares for a one-year target of Rs 5,550
Buy NHPC shares for a six-month target of Rs 125
News-based pick: Buy CDSL shares for a target of Rs 2,225 with a stop loss at Rs 2,060
My Choice picks:
- Sell Titan shares for a target of Rs 3,400 with a stop loss at Rs 3,570
- Buy Natco Pharma shares for a target of Rs 1,080 with a stop loss at Rs 1,020
- Buy Restaurants Brands shares for a target of Rs 115 with a stop loss at Rs 100
Kushal Gupta
Buy Birla Corp shares in the cash segment for a target of Rs 1,600 with a stop loss at Rs 1,543
Buy Dr Reddy's Labs futures for a target of Rs 6,500 with a stop loss at Rs 6,270
Buy the Rs 645 call option of Hindalco at Rs 25.5 for a target of Rs 45 with a stop loss at Rs 15
Technical pick: Buy Grasim futures for a target of Rs 2,550 with a stop loss at Rs 2,450
Fundamental pick: Buy Escorts Kubota shares for a six-month target of Rs 3,900
Investment idea: Buy Britannia shares for a one-year target of Rs 5,600
News-based pick: Buy PG Electroplast shares for a target of Rs 2,200 with a stop loss at Rs 2,120
My Choice picks:
- Buy Inox Wind shares for a target of Rs 634 with a stop loss at Rs 608
- Buy IDBI Bank shares for a target of Rs 93 with a stop loss at Rs 87
- Buy IOL Chemicals shares for a target of Rs 410 with a stop loss at Rs 390
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