Traders' Diary: Buy, sell or hold strategy on Eicher Motors, ICICI Pru, ONGC, Indian Hotels, TVS Motor, over a dozen other stocks today
Trading ideas for June 2: In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday. Check out which stocks are on analysts Kushal Gupta and Ashish Chaturvedi's radar, and what they recommend in cash and derivative segments.
Trading ideas for June 2: In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday. Check out which stocks are on analysts Kushal Gupta and Ashish Chaturvedi's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy Prism Johnson shares in the spot market for a target of Rs 126 with a stop loss at Rs 119
Buy Hero MotoCorp futures for a target of Rs 2,900 with a stop loss at Rs 2,780
Buy the Rs 990 call option of Sun Pharma at Rs 19 for a target of Rs 30 with a stop loss at Rs 13
Technical pick: Buy Muthoot Finance shares for a target of Rs 1,166 with a stop loss at Rs 1,120
Fundamental pick: Buy Polycab India shares for a one-year target of Rs 4,000
Investment idea: Buy Indian Hotels shares for a six-month target of Rs 460
News-based pick: Sell Ashok Leyland shares for a target of Rs 142 with a stop loss at Rs 151
My Choice picks:
- Buy Hindalco shares for a target of Rs 422 with a stop loss at Rs 403
- Buy ICICI Prudential shares for a target of Rs 505 with a stop loss at Rs 470
- Buy Axis Bank shares for a target of Rs 950 with a stop loss at Rs 910
Ashish Chaturvedi
Buy 5Paisa shares in the cash segment for a target of Rs 375 with a stop loss at Rs 365
Buy Dr Reddy's futures for a target of Rs 4,645 with a stop loss at Rs 4,531
Buy the Rs 155 call option of ONGC for a target of Rs 5 with a stop loss at Rs 2.2
Technical pick: Buy LT Foods (DAAWAT) shares for a target of Rs 127 with a stop loss at Rs 115
Fundamental pick: Buy CCL Products for a target of Rs 645 with a stop loss at Rs 630
Investment idea: Buy Sula for a target of Rs 510 with a perspective of 6-9 months
News-based pick: Buy TVS Motor Company shares for a target of Rs 1,290 with a stop loss at Rs 1,260
My Choice picks:
- Buy Eicher Motors shares for a target of Rs 3,765 with a stop loss at Rs 3,700
- Buy DCB Bank shares for a target of Rs 123 with a stop loss at Rs 118
- Buy Route Mobile shares for a target of Rs 1,500 with a stop loss at Rs 1,430
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