Traders' Diary: Buy, sell or hold strategy on Hero MotoCorp, Bharat Forge, DMart, RVNL, Tata Coffee, 15 other stocks today
Trading ideas for April 6: 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 ahead of the RBI’s monetary policy decision scheduled today at 10:00 am.
Trading ideas for April 6: 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 ahead of the RBI’s monetary policy decision scheduled today at 10:00 am.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to announce a hike of 25 basis points (bps) in the repo rate today, according to several economists and experts.
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 6:
Kushal Gupta
Buy CCL Products shares in the cash segment for a target of Rs 585 with a stop loss at Rs 563
Sell Bharat Forge futures for a target of Rs 740 with a stop loss at Rs 772
Buy the Rs 525 call option of Aurob Pharma at Rs 14.5 for a target of Rs 30 with a stop loss at Rs 9
Technical pick: Sell AB Fashion futures for a target of Rs 200 with a stop loss at Rs 210
Fundamental pick: Buy Avenue Supermarts (DMart) shares for a 12-month target of Rs 4,000
IPL Stock: Buy Hero MotoCorp shares for a 12-month target of Rs 2,800
News-based pick: Buy Dalmia Bharat Sugar for a target of Rs 368 with a stop loss at Rs 352
My Choice picks:
- Buy Dwarikesh Sugar for a target of Rs 93 with a stop loss at Rs 87
- Buy Andhra Sugars for a target of Rs 117 with a stop loss at Rs 109
- Buy Delta Corp for a target of Rs 196 with a stop loss at Rs 187
Arman Nahar
Buy BLS International shares in the spot market for a target of Rs 170 with a stop loss at Rs 164.4
Buy Balrampur Chini futures for a target of Rs 423 with a stop loss at Rs 406
Buy the Rs 780 call option of Chola Invest Rs 19.8 for a target of Rs 26 with a stop loss at Rs 17.8
Technical pick: Buy Accelya Solutions for a target of Rs 1,345 with a stop loss at Rs 1,292
Fundamental pick: Buy Nitin Spinners for a 12-month duration with a target of Rs 290
IPL Stock: Buy RVNL shares for a 12-month target of Rs 90
News-based pick: Buy Dhampur Sugar shares for a target of Rs 242.5 with a stop loss at Rs 234
My Choice picks:
- Buy Tata Coffee for a target of Rs 218 with a stop loss at Rs 209.5
- Buy Triveni Engineering for a target of Rs 285.5 with a stop loss at Rs 275
- Buy Ipca Labs for a target of Rs 824 with a stop loss at Rs 802
Catch the latest updates on the first RBI policy review of the new financial year.
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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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09:03 AM IST