Traders Diary: Lemon Tree, DMart, Cochin Shipyard, Petronet LNG among over a dozen scrips on analysts watchlists today
Need stocks to trade today? Zee Business analysts Kushal Gupta and Ashish Chaturvedi have shared their views on more than a dozen stocks in focus in the first trading session of December.
Domestic equity benchmarks swung between gains and losses in a choppy session on Monday, as selling pressure in financial stocks offset buying interest in auto and IT shares. The Sensex gyrated in a range of more than 600 points around the flatline, last seen trading mildly higher, while the Nifty50 managed to defend the psychologically important 24,000 mark.
Earlier on Monday, Zee Business analysts shared a list of 20 stocks worth tracking on December 1 along with their calls and targets.
Kushal Gupta
Buy Lemon Tree Hotels shares in the cash segment for a target price of Rs 135 with a stop loss at Rs 126
Buy Escorts Kubota futures for a target of Rs 3,666 with a stop loss at Rs 3,525
Buy the Rs 2,450 call option of TVS Motor Company at Rs 68 for a target price of Rs 88 with a stop loss at Rs 55
Technical Pick: Buy Coromandel International futures for a target of Rs 1,850 with a stop loss at Rs 1,780
Fundamental Pick: Buy M&M shares for a one-year target of Rs 3,600
Investment Pick: Buy Avenue Supermarts (DMart) shares for a one-year target of Rs 4,200
News-based Pick: Buy Dixon Tech futures for a target of Rs 16,300 with a stop loss at Rs 15,700
My Choice Picks:
- Buy Bajaj Finance futures for a target of Rs 6,780 with a stop loss at Rs 6,550
- Buy JK Cement futures for a target of Rs 4,420 with a stop loss at Rs 4,250
- Buy Pidilite futures for a target of Rs 3,200 with a stop loss at Rs 3,060
Ashish Chaturvedi
Buy Greaves Cotton shares in the spot market for a target of Rs 193 with a stop loss at Rs 184
Buy Petronet LNG futures for a target of Rs 346 with a stop loss at Rs 336
Buy the Rs 420 call option of Coal India for a target of Rs 14 with a stop loss at Rs 8
Technical Pick: Buy Pricol shares for a target of Rs 500 with a stop loss at Rs 477
Fundamental Pick: Buy KPR Mills shares for a two-month target of Rs 1,100
Investment Pick: Buy Glenmark Life shares for a one-year target of Rs 1,315
News-based Pick: Buy Cochin Shipyard shares for a target of Rs 1,640 with a stop loss at Rs 1,570
My Choice Picks:
- Buy KEC International shares for a target of Rs 1,090 with a stop loss at Rs 1,040
- Buy Redington shares for a target of Rs 205 with a stop loss at Rs 194
- Buy Hikal shares for a target of Rs 455 with a stop loss at Rs 400
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