Traders Diary: Buy, sell or hold strategy on IRCTC, Zomato, Tata Chemicals, LTIMindtree, Nestle, over a dozen other stocks today
In this edition of Traders Diary, the Zee Business research team shares exclusive research on more than a dozen 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 more than a dozen stocks that investors and traders can track on Tuesday, August 29. 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 HBL Power shares in the cash segment for a price target of Rs 350
Buy IRCTC September futures for a target of Rs 701 with a stop loss at Rs 670
Buy the Rs 390 call option of Balrampur Chini at Rs 16 for a target of Rs 30 with a stop loss at Rs 8
Technical pick: Buy PNB September futures for a target of Rs 65 with a stop loss at Rs 61
Fundamental pick: Buy Ramco Cements shares for a one-year target of Rs 1,050
Investment idea: Buy Asian Paints shares for a six-month target of Rs 3,600
News-based pick: Buy LTIMindtree September futures for a target of Rs 5,300 with a stop loss at Rs 5,100
My Choice picks:
- Buy Tata Chemicals September futures for a target of Rs 1,070 with a stop loss at Rs 1,050
- Buy PFC September futures for a target of Rs 283 with a stop loss at Rs 268
- Buy Lupin September futures for a target of Rs 1,150 with a stop loss at Rs 1,090
Arman Nahar
Buy NBCC shares in the spot market for a target of Rs 52.35 with a stop loss at Rs 50.35
Sell Nestle September futures for a target of Rs 21,320 with a stop loss at Rs 22,240
Buy the Rs 3,000 call option (September) of L&T at Rs 5.95 for a target of Rs 8.5 with a stop loss at Rs 5.2
Technical pick: Buy HDFC Life shares for a target of Rs 647 with a stop loss at Rs 620
Fundamental pick: Buy Oberoi Realty shares for a one-year target of Rs 1,300
Investment idea: Buy Share India Securities shares for a one-year target of Rs 1,600
News-based pick: Buy SJVN shares for a target of Rs 62.6 with a stop loss at Rs 60.2
My Choice picks:
- Buy Zomato shares for a four-month target of Rs 106
- Buy Schaeffler India shares for a target of Rs 3,130 with a stop loss at Rs 3,000
- Buy Gokaldas Exports shares for a target of Rs 632 with a stop loss at Rs 606
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