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.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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.