Traders' Diary: Buy, sell or hold strategy on BEL, L&T, Asian Paints, TVS Motor, KEC International, 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 9, 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 9, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: KEC International
Buy SKF India shares in the cash segment for a target price of Rs 4,700 with a stop loss at Rs 4,520
Futures & Option (F&O) Picks: Pidilite Industries, United Spirits Ltd (USL)
- Sell Pidilite Industries futures for a target of Rs 2,730 with a stop loss at Rs 2,850
- Buy the Rs 1,250 call option of United Spirits Ltd (USL) at Rs 52 for a target of Rs 75 with a stop loss at Rs 40
Technical Stock Pick: Berger Paints
Sell Berger Paints futures for a target price of Rs 480 with a stop loss at Rs 502
Fundamental Stock Pick: Vijaya Diagnostic
Buy Vijaya Diagnostic shares for a one-year target of Rs 820
Investment Stock Idea: Gabriel India
Buy Gabriel India shares for a target of Rs 450 with a perspective of 12 months
News-based Stock Pick: TVS Supply Chain Solutions (TVSSCS)
Buy TVSSCS shares for a target of Rs 173 with a stop loss at Rs 165
My Choice picks:
- Buy Kalpataru Projects International shares for a target of Rs 1,280 with a stop loss at Rs 1,235
- Buy HG Infra Engineering shares for a target of Rs 1,220 with a stop loss at Rs 1,175
- Sell Asian Paints futures for a target of Rs 2,740 with a stop loss at Rs 2,870
Nupur Jainkunia
Cash Segment Stock Pick: NBCC
Buy NBCC shares in the cash segment for a target price of Rs 141 with a stop loss at Rs 132
Futures & Option (F&O) Picks: TVS Motor, Bharat Electronics Ltd (BEL)
- Buy TVS Motor futures for a target of Rs 2,115 with a stop loss at Rs 2,000
- Buy the Rs 230 call option of BEL for a target of Rs 13.25 with a stop loss at Rs 9
Technical Stock Pick: Metropolis Healthcare
Buy Metropolis Healthcare shares for a target of Rs 2,100 with a perspective of 6 months
Fundamental Stock Pick: Hero MotoCorp
Buy Hero MotoCorp shares for a target of Rs 5,100 with a perspective of 3 months
Investment Stock Idea: Larsen and Toubro (L&T)
Buy L&T shares for a one-year target of Rs 4,180
News-based Stock Pick: Voltas
Buy Bank of Baroda (BoB) shares for a target of Rs 270 with a stop loss at Rs 259
My Choice picks:
- Buy Vedant Fashions shares for a target of Rs 1,000 with a stop loss at Rs 950
- Buy Kirloskar Oil shares for a target of Rs 1,080 with a stop loss at Rs 1,010
- Buy Finolex Industries shares for a target of Rs 305 with a stop loss at Rs 270
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.
08:34 AM IST