Traders Diary: Buy, sell or hold strategy on L&T, ONGC, Nestle India, Varun Beverages, Bajaj Housing Finance, BPCL, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, October 4, 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 Friday, October 4, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy JK Paper shares in the cash segment for a target of Rs 475 with a stop loss at Rs 456
Buy Tata Chemicals futures for a target of Rs 1,173 with a stop loss at Rs 1,125
Buy the Rs 350 put option of Bharat Petroleum Corporation Ltd (BPCL) for a target of Rs 11.2 with a stop loss at Rs 7
Technical pick: Buy Bata India futures for a target of Rs 1,340 with a stop loss at Rs 1,395
Fundamental pick: Buy Nestle India shares for a target of Rs 3,150 with a perspective of one-year
Investment idea: Buy Cipla shares for a one-year target of Rs 1,970
News-based pick: Buy Bajaj Housing Finance shares for a target of Rs 155 with a stop loss at Rs 147
My Choice picks:
- Sell Berger Paints futures for a target of Rs 582 with a stop loss at Rs 612
- Sell Interglobe Aviation (IndiGo) futures for a target of Rs 4,615 with a stop loss at Rs 4,800
- Sell Larsen & Toubro futures for a target of Rs 3,440 with a stop loss at Rs 3,570
Ashish Chaturvedi
Buy BCL Industries shares in the cash segment for a target of Rs 58 with a stop loss at Rs 55.50
Sell Power Finance Corporation (PFC) futures for a target of Rs 458 with a stop loss at Rs 477
Buy the 2,720 put option of TVS Motor for a target of Rs 96 with a stop loss at Rs 65
Technical pick: Sell LIC Housing futures for a target of Rs 619 with a stop loss at Rs 650
Fundamental pick: Buy Oil and Natural Gas Corporation (ONGC) shares for a two-month target of Rs 315
Investment idea: Buy DLF shares for a target of Rs 1,020 from a perspective of 12 months
News-based pick: Buy Refex Industries shares for a target of Rs 566 with a stop loss at Rs 530
My Choice picks:
- Buy Varun Beverages shares for a target of Rs 610 with a stop loss at Rs 580
- Buy Shilpa Medicare shares for a target of Rs 840 with a stop loss at Rs 800
- Buy DMart shares for a target of Rs 5,030 with a stop loss at Rs 4,920
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