Traders Diary: Buy, sell or hold strategy on ITC, BHEL, SAIL, NBCC, 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 Thursday, June 6, 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: Century Textiles
Buy Century Textiles shares in the cash segment for a target price of Rs 1,900 with a stop loss at Rs 1,820
Futures & Option (F&O) Picks: HAL, ITC
- Buy Hindustan Aeronautics Ltd (HAL) futures for a target of Rs 4,470 with a stop loss at Rs 4,310
- Buy the Rs 430 call option of ITC at Rs 11 for a target of Rs 21 with a stop loss at Rs 6
Technical Stock Pick: Escorts Kubota
Buy Escorts Kubota futures for a target price of Rs 4,035 with a stop loss at Rs 3,880
Fundamental Stock Pick: Godrej Consumer
Buy Godrej Consumer Products shares for a one-year target of Rs 1,710
Investment Stock Idea: Mphasis
Buy Mphasis shares for a target of Rs 2,800 with a perspective of 12 months
News-based Stock Pick: Torrent Pharma
Buy Torrent Pharmaceuticals futures for a target of Rs 2,860 with a stop loss at Rs 2,750
My Choice picks:
- Buy IRCTC futures for a target of Rs 950 with a stop loss at Rs 908
- Buy Steel Authority of India Ltd (SAIL) futures for a target of Rs 148 with a stop loss at Rs 140
- Buy State Bank of India (SBI) futures for a target of Rs 812 with a stop loss at Rs 778
Ashish Chaturvedi
Cash Segment Stock Pick: RVNL
Buy Rail Vikas Nigam Ltd (RVNL) shares in the cash segment for a target price of Rs 365 with a stop loss at Rs 350
Futures & Option (F&O) Picks: BHEL, L&T
- Buy Bharat Heavy Electricals Ltd (BHEL) futures for a target of Rs 261 with a stop loss at Rs 254
- Buy the Rs 3,420 call option of Larsen and Toubro (L&T) for a target of Rs 130 with a stop loss at Rs 88
Technical Stock Pick: Balrampur Chini
Buy Balrampur Chini Mills shares for a target of Rs 418 with a stop loss at Rs 380
Fundamental Stock Pick: UNO Minda
Buy UNO Minda shares for a target of Rs 990 with a perspective of 3 months
Investment Stock Idea: IOCL
Buy Indian Oil Corporation Ltd (IOCL) shares for a target of Rs 195 with a perspective of 12 months
News-based Stock Pick: NBCC
Buy NBCC shares for a target of Rs 134 with a stop loss at Rs 128
My Choice picks:
- Buy Indian Energy Exchange (IEX) shares for a target of Rs 162 with a stop loss at Rs 154
- Buy Petronet LNG shares for a target of Rs 295 with a stop loss at Rs 285
- Buy BSE shares for a target of Rs 2,800 with a stop loss at Rs 2,600
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