Traders Diary: Buy, sell or hold strategy on L&T, ONGC, Infosys, Hindalco Industries, Tata Communications, over a dozen other stocks today
Get Zee Business analysts' exclusive stock picks for April 16th! Includes buy, sell, and hold recommendations for L&T, Infosys, ONGC, and more.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Tuesday, April 16, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Buy Marksans Pharma shares in the cash segment for a target price of Rs 160 with a stop loss at Rs 153
Sell Infosys futures for a target of Rs 1,430 with a stop loss at Rs 1,485
Buy the Rs 615 call option of Hindalco at Rs 14 for a target of Rs 30 with a stop loss at Rs 10
Technical pick: Sell Tata Communications futures for a target price of Rs 1,860 with a stop loss at Rs 1,940
Fundamental pick: Buy Larsen and Toubro (L&T) shares for a one-year target of Rs 4,300.
Investment idea: Buy HDFC AMC shares for a one-year target of Rs 4,300
News-based pick: Buy Gujarat Gas futures for a target of Rs 590 with a stop loss at Rs 568
My Choice picks:
- Sell Apollo Tyres futures for a target of Rs 462 with a stop loss at Rs 480
- Sell Oberoi Realty futures for a target of Rs 1,430 with a stop loss at Rs 1,490
- Sell LTIMindtree futures for a target of Rs 4,650 with a stop loss at Rs 4,860
Varun Dubey
Buy Happy Forgings shares in the cash segment for a target price of Rs 940 with a stop loss at Rs 890
Sell Oil and Natural Gas Corporation (ONGC) futures for a target of Rs 270 with a stop loss at Rs 284
Buy the Rs 7,000 put option of Bajaj Finance for a target of Rs 115 with a stop loss at Rs 80
Technical pick: Sell Birlasoft futures for a target of Rs 685 with a stop loss at Rs 718
Fundamental pick: Buy VST Industries shares for a target of Rs 3,800 with a stop loss at Rs 3,620
Investment idea: Buy Varun Beverages shares for a one-year target of Rs 1,700
News-based pick: Sell Hindustan Unilever Ltd (HUL) futures for a target of Rs 2,140 with a stop loss at Rs 2,235
My Choice picks:
- Buy DOMS shares for a target of Rs 1,750 with a stop loss at Rs 1,650
- Buy Bharti Hexacom shares for a target of Rs 840 with a stop loss at Rs 790
- Sell DLF futures for a target of Rs 860 with a stop loss at Rs 895
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