Traders' Diary: Buy, sell or hold strategy on ICICI Bank, HCL Tech, NHPC, Indus Towers, Berger Paints, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday, May 16, 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 Thursday, May 16, 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
Cash Segment Stock Pick: Eris Lifesciences
Buy Eris Lifesciences shares in the cash segment for a target price of Rs 910 with a stop loss at Rs 870
Futures & Option (F&O) Picks: Canara Bank, ICICI Bank
- Buy Canara Bank futures for a target of Rs 123 with a stop loss at Rs 117
- Buy the Rs 1,130 call option of Canara Bank at Rs 17.5 for a target of Rs 32 with a stop loss at Rs 12
Technical Stock Pick: Bosch
Sell Bosch futures for a target price of Rs 29,900 with a stop loss at Rs 31,100
Fundamental Stock Pick: HCL Tech
Buy HCL Technologies futures for a target of Rs 1,380 with a stop loss at Rs 1,320
Investment Stock Idea: Dr Lal PathLabs
Buy Dr Lal PathLabs shares for a target of Rs 3,000 with a perspective of one-year
News-based Stock Pick: Thomas Cook
Buy Thomas Cook futures for a target of Rs 227 with a stop loss at Rs 216
My Choice picks:
- Sell Indus Towers futures shares for a target of Rs 330 with a stop loss at Rs 346
- Buy Mankind Pharma shares for a target of Rs 2,250 with a stop loss at Rs 2,170
- Buy Tata Steel futures for a target of Rs 172 with a stop loss at Rs 163
Ashish Chaturvedi
Cash Segment Stock Pick: Camlin
Buy Kokuyo Camlin shares in the cash segment for a target price of Rs 174 with a stop loss at Rs 163
Futures & Option (F&O) Picks: Dixon Tech, Berger Paints
- Sell Dixon Technologies futures for a target of Rs 7,900 with a stop loss at Rs 8,170
- Buy the Rs 485 put option of Berger Paints for a target of Rs 18 with a stop loss at Rs 12
Technical Stock Pick: Rallis India
Buy Rallis India shares for a target of Rs 325 with a stop loss at Rs 260
Fundamental Stock Pick: NCC
Buy NCC shares for a target of Rs 285 with a perspective of 4-6 months
Investment Stock Idea: L&TTS
Buy L&T Technology Services shares for a one-year target of Rs 5,500\
News-based Stock Pick: Titagarh Rail
Buy Titagarh Rail Systems shares for a target of Rs 1,160 with a stop loss at Rs 1,100
My Choice picks:
- Buy Astra Microwave shares for a target of Rs 750 with a stop loss at Rs 700
- Buy Glenmark Life Sciences shares for a target of Rs 900 with a stop loss at Rs 800
- Buy NHPC shares for a target of Rs 107 with a stop loss at Rs 94
Catch the latest stock market updates here. For all other news related to business, politics, tech and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
08:41 AM IST