Traders Diary: Buy, sell or hold strategy on Infosys, Larsen and Toubro, Mahindra & Mahindra, Bharat Electronics, Biocon, over a dozen other stocks today
Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedis radar.
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, May 17, 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: Jindal Saw
Buy Jindal Saw shares in the cash segment for a target price of Rs 555 with a stop loss at Rs 535
Futures & Option (F&O) Picks: M&M, Mphasis
- Buy Mahindra & Mahindra futures for a target of Rs 2,476 with a stop loss at Rs 2,375
- Buy the Rs 2,350 call option of Mphasis at Rs 75 for a target of Rs 100 with a stop loss at Rs 60
Technical Stock Pick: Zydus Lifesciences
Buy Zydus Lifesciences futures for a target price of Rs 1,045 with a stop loss at Rs 1,000
Fundamental Stock Pick: Balkrishna Industries
Buy Balkrishna Industries Ltd futures for a target of Rs 2,678 with a stop loss at Rs 2,570
Investment Stock Idea: L&T
Buy Larsen and Toubro shares for a target of Rs 4,200 with a perspective of one-year
News-based Stock Pick: GE Power
Buy GE Power India Limited shares for a target of Rs 340 with a stop loss at Rs 325
My Choice picks:
- Buy Exide Industries futures for a target of Rs 490 with a stop loss at Rs 470
- Buy Bharat Forge futures for a target of Rs 1,535 with a stop loss at Rs 1,470
- Sell GAIL futures for a target of Rs 190 with a stop loss at Rs 203
Ashish Chaturvedi
Cash Segment Stock Pick: Alicon Castalloy
Buy Alicon Castalloy shares in the cash segment for a target price of Rs 900 with a stop loss at Rs 860
Futures & Option (F&O) Picks: Crompton Greaves, BEL
- Buy Crompton Greaves Consumer Electricls futures for a target of Rs 347 with a stop loss at Rs 335
- Buy the Rs 240 call option of Bharat Electronics Ltd (BEL) for a target of Rs 12 with a stop loss at Rs 8
Technical Stock Pick: FSL
Buy Firstsource Solutions Ltd (FSL) shares for a target of Rs 225 with a stop loss at Rs 190
Fundamental Stock Pick: Campus Activewear
Buy Campus Activewear shares for a target of Rs 290 with a perspective of 2 months
Investment Stock Idea: Infosys
Buy Infosys shares for a one-year target of Rs 1,670
News-based Stock Pick: Biocon
Buy Biocon shares for a target of Rs 330 with a stop loss at Rs 297
My Choice picks:
- Buy Endurance Technologies shares for a target of Rs 2,150 with a stop loss at Rs 2,000
- Buy IIFL Securities shares for a target of Rs 177 with a stop loss at Rs 160
- Buy Triveni Turbine shares for a target of Rs 650 with a stop loss at Rs 600
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