Traders' Diary: Buy, sell or hold strategy on Tata Motors, Wipro, Varun Beverages, ICICI Prudential, Coromandel International, Jubilant FoodWorks, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday, June 19, 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 Wednesday, June 19, 2024. Check out the complete list of stocks on analysts Ashish Chaturvedi and Nupur Jainkunia's radar.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
Cash Segment Stock Pick: Godfrey Phillips
Buy Godfrey Phillips India shares in the cash segment for a target price of Rs 4,400 with a stop loss at Rs 4,200.
Futures & Option (F&O) Picks: M&M Financials, SRF
- Buy M&M Financials futures for a target of Rs 317 with a stop loss at Rs 302
- Buy the Rs 2,440 call option of SRF for a target of Rs 42 with a stop loss at Rs 30
Technical Stock Pick: ERIS
Buy Eris Lifesciences shares for a target price of Rs 1,100 with a stop loss at Rs 1,020.
Fundamental Stock Pick: CAMS
Buy Computer Age Management Services (CAMS) shares for a target of Rs 4,380 with a perspective of six months.
Investment Stock Idea: Jubilant FoodWorks
Buy Jubilant FoodWorks shares for a target of Rs 660 with a perspective of 12 months.
News-based Stock Pick: Varun Beverages
Buy Varun Beverages shares for a target of Rs 1,677 with a stop loss at Rs 1,610.
My Choice picks:
- Buy Coromandel International shares for a target of Rs 1,580 with a stop loss at Rs 1,510
- Buy Southern Petrochemicals Industries Corporation (SPIC) shares for a target of Rs 85 with a stop loss at Rs 82.50
- Buy Century Plyboards shares for a target of Rs 750 with a stop loss at Rs 710
Nupur Jainkunia
Cash Segment Stock Pick: Swaraj Engines
Buy Swaraj Engines shares in the cash segment for a target price of Rs 2,990 with a stop loss at Rs 2,821.
Futures & Option (F&O) Picks: Wipro, Chambal Fertilisers
- Buy Chambal Fertilisers and Chemicals futures for a target of Rs 452 with a stop loss at Rs 435
- Buy the Rs 490 put option of Wipro for a target of Rs 11 with a stop loss at Rs 6.50
Technical Stock Pick: KPR Mill
Buy KPR Mill shares for a target of Rs 900 with a stop loss at Rs 850.
Fundamental Stock Pick: ICICI Prudential
Buy ICICI Prudential shares for a target of Rs 790 with a perspective of 12 months.
Investment Stock Idea: Tata Motors
Buy Tata Motors shares for a target of Rs 1,250 with a perspective of 12 months.
News-based Stock Pick: Rallis India
Buy Rallis India shares for a target of Rs 350 with a stop loss at Rs 310.
My Choice picks:
- Buy Patanjali Foods shares for a target of Rs 1,520 with a stop loss at Rs 1,440
- Buy Vedant Fashions shares for a target of Rs 1,250 with a stop loss at Rs 1,147
- Buy Mahindra Lifespace Developers shares for a target of Rs 650 with a stop loss at Rs 630
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08:40 AM IST