Traders' Diary: Buy, sell or hold strategy on Tata Steel, Hindalco, Patanjali Foods, Biocon, HAL, over a dozen other stocks today
Trading ideas for June 5: 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 Arman Nahar's radar, and what they recommend in cash and derivative segments.
Trading ideas for June 5: 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 Arman Nahar'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 Pricol shares in the spot market for a target of Rs 246 with a stop loss at Rs 235
Buy Bharat Forge futures for a target of Rs 820 with a stop loss at Rs 784
Buy the Rs 420 call option of Hindalco at Rs 13 for a target of Rs 26 with a stop loss at Rs 8
Technical pick: Buy JSPL shares for a target of Rs 540 with a stop loss at Rs 523
Fundamental pick: Buy HAL shares for a 12-month target of Rs 3,800
Investment idea: Buy Bajaj Finance shares for a 12-month target of Rs 8,000
News-based pick: Sell Ipca Labs futures for a target of Rs 695 with a stop loss at Rs 722
My Choice picks:
- Buy Tata Steel for a target of Rs 113 with a stop loss at Rs 107
- Buy M&M Finance for a target of Rs 310 with a stop loss at Rs 293
- Buy L&T Tech for a target of Rs 4,050 with a stop loss at Rs 3,900
Arman Nahar
Buy Lemon Tree shares in the cash segment for a target of Rs 95.7 with a stop loss at Rs 91.7
Buy Lupin futures for a target of Rs 846 with a stop loss at Rs 814
Buy the Rs 85 call option of Nalco at Rs 2.3 for a target of Rs 3 with a stop loss at Rs 2
Technical pick: Buy CEAT shares for a target of Rs 1,990 with a stop loss at Rs 1,908
Fundamental pick: Buy BEML shares for a 12-month target of Rs 1,790
Investment idea: Buy Patanjali Foods shares for a 12-month target of Rs 1,240
News-based pick: Buy Wonderla Holidays for a target of Rs 537 with a stop loss at Rs 516
My Choice picks:
- Buy Biocon for a target of Rs 248 with a stop loss at Rs 237.6
- Buy Zydus Lifesciences for a target of Rs 535 with a stop loss at Rs 512.5
- Buy Concor for a target of Rs 674 with a stop loss at Rs 660
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