Traders' Diary: Buy, sell or hold strategy on Maruti Suzuki, HDFC Life, RBL Bank, Eicher Motors, Ashok Leyland, 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 Wednesday, August 2. 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 MOIL shares in the cash segment for a target price of Rs 189 with a stop loss at Rs 180
Sell RBL Bank futures for a target of Rs 220 with a stop loss at Rs 230
Buy the Rs 1,400 put option of IndusInd Bank at Rs 34 for a target of Rs 60 with a stop loss at Rs 20
Technical pick: Sell Cummins futures for a target of Rs 1,890 with a stop loss at Rs 1,965
Fundamental pick: Buy InterGlobe Aviation shares for a 12-month target of Rs 3,000
Investment idea: Buy Eicher Motors shares for a three-month target of Rs 3,700
News-based pick: Buy GE Power shares for a target of Rs 165 with a stop loss at Rs 158
My Choice picks:
- Sell DLF futures for a target of Rs 490 with a stop loss at Rs 512
- Sell Maruti Suzuki futures for a target of Rs 9,300 with a stop loss at Rs 9,800
- Buy Berger Paints shares for a target of Rs 725 with a stop loss at Rs 692
Arman Nahar
Buy Thermax shares in the spot market for a target of Rs 2,600 with a stop loss at Rs 2,490
Sell Cholamandalam Investment futures for a target of Rs 1,101 with a stop loss at Rs 1,150
Buy the Rs 185 call option of Ashok Leyland at Rs 6.2 for a target of Rs 8 with a stop loss at Rs 5.3
Technical pick: Sell Kotak Mahindra Bank futures for a target of Rs 1,805 with a stop loss at Rs 1,885
Fundamental pick: Buy Tanla Platforms shares for a 12-month target of Rs 1,450
Investment idea: Buy HDFC Life shares for a 12-month target of Rs 760
News-based pick: Buy NFL shares for a target of Rs 74.3 with a stop loss at Rs 71.2
My Choice picks:
- Buy Man Industries shares for a 15-day target of Rs 155
- Buy GHCL shares for a target of Rs 560 with a stop loss at Rs 540
- Buy Chambal Fertilisers shares for a target of Rs 290 with a stop loss at Rs 276.5
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