Traders' Diary: Buy, sell or hold strategy on IndiGo, Zomato, Sun Pharma, Tata Power, Mankind Pharma, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track during the course of the day. Check out which stocks are on analysts' radar, and what they recommend in cash and derivative segments.
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, August 3. 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 KSB in the cash segment for a target price of Rs 2,370 with a stop loss at Rs 2,290
Sell Axis Bank futures for a target of Rs 912 with a stop loss at Rs 962
Buy the Rs 195 put option of REC at Rs 7 for a target of Rs 15 with a stop loss at Rs 4
Technical pick: Buy Sun Pharma shares for a target of Rs 1,170 with a stop loss at Rs 1,125
Fundamental pick: Buy Tata Power shares for a 12-month target of Rs 280
Investment idea: Buy Affle India shares for a 12-month target of Rs 1,400
News-based pick: Buy Narayana Hrudayalaya shares for a target of Rs 1,054 with a stop loss at Rs 1,010
My Choice picks:
- Buy Mankind Pharma shares for a target of Rs 1,790 with a stop loss at Rs 1,710
- Sell Metropolis futures for a target of Rs 1,337 with a stop loss at Rs 1,400
- Sell Polycab India futures for a target of Rs 4,475 with a stop loss at Rs 4,670
Arman Nahar
Buy the Pricol stock in the spot market for a target price of Rs 290 with a stop loss at Rs 276.5
Buy InterGlobe Aviation (IndiGo) shares for a target of Rs 2,670 with a stop loss at Rs 2,550
Buy the Rs 470 put option of Gujarat Gas at Rs 18.45 for a target of Rs 24 with a stop loss at Rs 16.5
Technical pick: Buy BEML shares for a target of Rs 2,115 with a stop loss at Rs 2,034
Fundamental pick: Buy Snowman Logistics shares for a 12-month target of Rs 60
Investment idea: Buy CE Info Systems shares for a 12-month target of Rs 1,800
News-based pick: Buy NMDC shares for a target of Rs 115 with a stop loss at Rs 112.5
My Choice picks:
- Buy Zomato shares for a 15-day target of Rs 94
- Buy Amrutanjan shares for a target of Rs 668 with a stop loss at Rs 641
- Buy EIL shares for a target of Rs 153 with a stop loss at Rs 147
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08:21 AM IST