Stocks to buy today: Tech Mahindra, PowerGrid, M&M, other shares analysts recommend — check out target price, stop loss

Stocks to buy on February 28: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta, Avinash Gorakssakar, Kunal Saraogi and Sumeet Bagadia share their top stock picks for the February 28 session. On their list are stocks such as Tech Mahindra, Mahindra & Mahindra, PowerGrida nd NTPC. 

Rakesh Bansal stock recommendation: Buy PowerGrid shares 

Rakesh Bansal of Rakesh Bansal Ventures has a 'buy' for Zee Business viewers. He recommends buying PowerGrid shares for targets of Rs 229 and Rs 230 with a stop loss at Rs 214.

The stock has given a breakout along with a positive crossover, and looks set for higher levels, he tells Zee Business.

Avinash Gorakssakar stock recommendation: Buy M&M shares

Avinash Gorakssakar of Profitmart Securities recommends going long on Mahindra & Mahindra for a target of Rs 1,500 with a perspective of 12-15 months. The company has at least two years of order book, and has the capacity to endure challenges in the near term given the possibility of the El Nino factor playing out, he says. Gorakssakar suggests buying the stock on declines. 

Himanshu Gupta stock recommendation: Buy Tech Mahindra shares

Himanshu Gupta of Globe Capital Markets suggests buying Tech Mahindra shares for a target of Rs 1,150 with a stop loss at Rs 1,105.

Kunal Saraogi stock recommendation: Buy NTPC shares

Kunal Saraogi of Equity Rush has a 'buy' call on NTPC for targets of Rs 176 and Rs 179 with a stop loss at Rs 171. 

Sumeet Bagadia stock recommendation: Buy Hindustan Aeronautics shares

Sumeet Bagadia of Choice Broking recommends buying HAL shares for targets of Rs 2,625 and Rs 2,650 with a stop loss at Rs 2,525.

"Momentum appears to be building up in the HAL stock for potential upside and existing investors can hold it," he tells Zee Business.

Anil Singhvi market strategy 

Meanwhile, Anil Singhvi expects support for the Nifty50 benchmark at 17,300-17,350 levels on Tuesday, and a strong support zone in the 17,175-17,250 band. For the Nifty Bank, he sees a base in the 39,900-40,000 zone, and a strong buy area in the 39,600-39,750 range.

Read more on how Anil Singhvi views the market today and what he recommends

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