Traders' Diary: Buy, sell or hold strategy on Infosys, Ashok Leyland, LTIMindtree, JSW Energy, over a dozen other stocks today
Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia's radar.
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 8, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: KEC International
Buy KEC International shares in the cash segment for a target price of Rs 760 with a stop loss at Rs 730
Futures & Option (F&O) Picks: Infosys, Max Financial Services
- Sell Max Financial Services futures for a target of Rs 950 with a stop loss at Rs 990
- Buy the Rs 1,440 call option of Infosys at Rs 60 for a target of Rs 60 with a stop loss at Rs 25
Technical Stock Pick: Tata Consumer Products
Buy Tata Consumer Products futures for a target price of Rs 1,135 with a stop loss at Rs 1,090
Fundamental Stock Pick: Ashok Leyland
Buy Ashok Leyland shares for a one-year target of Rs 240
Investment Stock Idea: Rallis India
Buy Rallis India shares for a target of Rs 300 with a perspective of 3-months
News-based Stock Pick: LTIMindtree
Buy LTIMindtree futures for a target of Rs 4,950 with a stop loss at Rs 4,670
My Choice picks:
- Buy Jindal Saw shares for a target of Rs 580 with a stop loss at Rs 560
- Buy Go Fashion shares for a target of Rs 1,000 with a stop loss at Rs 960
- Buy Jupiter Wagons shares for a target of Rs 415 with a stop loss at Rs 398
Nupur Jainkunia
Cash Segment Stock Pick: JSW Energy
Buy JSW Energy shares in the cash segment for a target price of Rs 610 with a stop loss at Rs 579
Futures & Option (F&O) Picks: Dr Reddy's Labs, Navin Fluorine
- Sell Dr Reddy's Laboratories futures for a target of Rs 6,130 with a stop loss at Rs 6,290
- Buy the Rs 3,380 call option of Navin Fluorine for a target of Rs 230 with a stop loss at Rs 187
Technical Stock Pick: Capital Small Finance Bank
Buy Capital Small Finance Bank shares for a target of Rs 405 with a stop loss at Rs 375
Fundamental Stock Pick: Dabur
Buy Dabur shares for a target of Rs 650 with a perspective of 3-4 months
Investment Stock Idea: Dixon Technologies
Buy Dixon Technologies shares for a one-year target of Rs 10,000
News-based Stock Pick: Voltas
Sell Voltas futures for a target of Rs 1,315 with a stop loss at Rs 1,400
My Choice picks:
- Buy Westlife Food shares for a target of Rs 932 with a stop loss at Rs 860
- Buy PB Fintech shares for a target of Rs 1,305 with a stop loss at Rs 1,230
- Buy Chambal Fertilisers and Chemicals shares for a target of Rs 412 with a stop loss at Rs 380
Catch the latest stock market updates here. For all other news related to business, politics, tech and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
09:12 AM IST