Traders' Diary: Analysts suggest 20 stocks; Tata Steel, Zomato, Paytm, M&M Finance, Can Fin Homes & others
The list of stocks includes fundamental, technical, short-term, long-term, cash, futures and options (F&O), and other segment picks. The duo has given the share price targets, stop losses and the duration an investor should buy, hold, or sell these scrips.
Traders' Diary: Zee Business research analysts Kushal Gupta and Ashish Chaturvedi today (Wednesday, October 23, 2024) came up with a list of 20 stocks, such as Tata Steel, Hindustan Zinc, Zomato, Paytm, SAIL, M&M Finance, Affle India, Can Fin Homes. The list of stocks includes fundamental, technical, short-term, long-term, cash, futures and options (F&O), and other segment picks. The duo has given the share price targets, stop losses and the duration an investor should buy, hold, or sell these scrips.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy Olectra Greentech shares in the cash segment for a target of Rs 1,670 with a stop loss at Rs 1,600
Buy SAIL futures for a target of Rs 115 with a stop loss at Rs 125
Buy the Rs 280 put option of M&M Finance at Rs 7.7 for a target of Rs 13 with a stop loss at Rs 4
Technical pick: Sell Navin Fluorine futures for a target of Rs 3,120 with a stop loss at Rs 3,250
Fundamental pick: Buy Gabriel India shares for a target of Rs 520 from a perspective of one year
Investment idea: Buy Affle India shares for a one-year target of Rs 1,800
News-based pick: Buy Can Fin Homes futures for a target of Rs 858 with a stop loss at Rs 825
My Choice picks:
- Sell Balkrishna Industries futures for a target of Rs 2,843 with a stop loss at Rs 2,973
- Sell Hindustan Copper futures for a target of Rs 285 with a stop loss at Rs 300
- Buy Bharti Airtel futures for a target of Rs 1,740 with a stop loss at Rs 1,670
Ashish Chaturvedi
Buy Gujarat Mineral Development Corporation (GMDC) shares in the cash segment for a target of Rs 355 with a stop loss at Rs 315
Sell Tata Steel futures for a target of Rs 147 with a stop loss at Rs 151.50
Buy the 2,660 put option of Reliance for a target of Rs 37 with a stop loss at Rs 26
Technical pick: Buy Poly Medicure shares for a target of Rs 2,700 with a stop loss at Rs 2,485
Fundamental pick: Buy Hindustan Zinc shares for a six-month target of Rs 580
Investment idea: Buy Radico Khaitan shares for a target of Rs 2,580 from a perspective of 12 months
News-based pick: Buy Zomato shares for a target of Rs 280 with a stop loss at Rs 250
My Choice picks:
Sell BHEL futures for a target of Rs 220 with a stop loss at Rs 237
Buy Paytm shares for a target of Rs 715 with a stop loss at Rs 680
Buy Transformers and Rectifiers India Ltd (TARIL) shares for a target of Rs 857 with a stop loss at Rs 830
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08:49 AM IST