Traders' Diary: Buy, sell or hold strategy on JSW Steel, Asian Paints, Lupin, GCPL, Abbott India, 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 on Thursday, August 8, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
Buy TVS Supply shares in the cash segment for a target of Rs 190 with a stop loss at Rs 181
Sell Godrej Consumer Products Limited (GCPL) futures for a target of Rs 1,485 with a stop loss at Rs 1,510
Buy call option of Apollo Tyres for a target of Rs 29 with a stop loss at Rs 19
Technical pick: Buy Elin Electronics shares for a target of Rs 225 with a stop loss at Rs 195
Fundamental pick: Buy Abbott India shares for a target of Rs 32,500 with a perspective of six months
Investment idea: Buy Dixon Tech shares for a one-year target of Rs 14,000
News-based pick: Buy BSE shares for a target of Rs 2,480 with a stop loss at Rs 2,350
My Choice picks:
- Buy ITD Cementation shares for a target of Rs 504 with a stop loss at Rs 475
- Buy MTAR Tech shares for a target of Rs 1,850 with a stop loss at Rs 1,790
- Sell IndusInd Bank futures for a target of Rs 1,320 with a stop loss at Rs 1,365
Kushal Gupta
Buy KIMS shares in the cash segment for a target of Rs 2,200 with a stop loss at Rs 2,120
Sell JSW Steel futures for a target of Rs 880 with a stop loss at Rs 922
Buy the 155 put option of Tata Steel at Rs 4.5 for a target of Rs 8 with a stop loss at Rs 2.5
Technical pick: Sell Tech Mahindra futures for a target of Rs 1,443 with a stop loss at Rs 1,510
Fundamental pick: Buy Lupin shares for a twelve-month target of Rs 2,400
Investment idea: Buy HDFC AMC shares for a target of Rs 4,900 from a perspective of 12 months
News-based pick: Sell Asian Paints futures for a target of Rs 3,020 with a stop loss at Rs 3,150
My Choice picks:
- Buy AU Small Finance Bank shares for a target of Rs 618 with a stop loss at Rs 643
- Sell Metropolis futures for a target of Rs 2,177 with a stop loss at Rs 2,100
- Buy Cipla futures for a target of Rs 1,600 with a stop loss at Rs 1,540
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08:21 AM IST