Traders Dairy: Buy, sell or hold strategy on SBI, JSW Steel, M&M, Britannia, ICICI Pru Life and 15 other stocks
Trading ideas for April 19: 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. JSW Steel, M&M, Britannia, ICICI Pru Life, SBI and other 15 shares analysts suggest to buy for good returns.
Trading ideas for April 19: 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.
Check out which stocks are on analysts Kushal Gupta and Arman Nahar's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for April 19:
Kushal Gupta
Buy Som Distilleries shares in the cash segment for a target of Rs 165 with a stop loss at Rs 156
Sell JSW Steel futures for a target of Rs 740 with a stop loss at Rs 712
Buy the Rs 1,140 call option of ICICI Lombard at Rs 28 for a target of Rs 45 with a stop loss at Rs 20
Technical pick: Sell AB Fashion futures shares for a target of Rs 218 with a stop loss at Rs 228
Fundamental pick: Buy M&M shares for a 12-month target of Rs 1,400
IPL Stock: Buy Britannia shares for a 12-month target of Rs 4,900
News-based pick: Buy Zydus Lifescience for a target of Rs 530 with a stop loss at Rs 580
My Choice picks:
- Sell LTIMindree futures for a target of Rs 4,200 with a stop loss at Rs 4,370
- Buy SBI for a target of Rs 560 with a stop loss at Rs 535
- Buy IGL for a target of Rs 520 with a stop loss at Rs 485
Arman Nahar
Buy Hemisphere Properties shares in the spot market for a target of Rs 96 with a stop loss at Rs 92
Sell Reliance Industries futures for a target of Rs 2,270 with a stop loss at Rs 2,375
Buy the Rs 160 call option of ONGC at Rs 1.4 for a target of Rs 1.85 with a stop loss at Rs 1.25
Technical pick: Buy Manappuram Finance for a target of Rs 135 with a stop loss at Rs 129.5
Fundamental pick: Buy ICICI Pru Life for a 12-month target of Rs 550
IPL Stock: Buy Prestige Estates shares for a 12-month target of Rs 530
News-based pick: Buy Welspun Ent shares for a target of Rs 140 with a stop loss at Rs 134.2
My Choice picks:
- Buy Voltas for a 6-month target of Rs 950
- Buy Blue Star for a 6-month target of Rs 1,650
- Buy GIC for a target of Rs 152 with a stop loss at Rs 145
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(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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