Traders' Diary: Buy, sell or hold strategy on TCS, SBI, ICICI Lombard, Zomato, Siemens, over a dozen other stocks today
Trading ideas for June 7: 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. Check out which stocks are on analysts Kushal Gupta and Arman Nahar's radar, and what they recommend in cash and derivative segments.
Trading ideas for June 7: 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. 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 RCF shares in the spot market for a target of Rs 112 with a stop loss at Rs 105
IDFC First Bank futures for a target of Rs 76 with a stop loss at Rs 71
Buy the Rs 555 call option of Tata Motors at Rs 15 for a target of Rs 28 with a stop loss at Rs 11
Technical pick: Buy Torrent Power shares for a target of Rs 630 with a stop loss at Rs 605
Fundamental pick: Buy TCS shares for a 12-month target of Rs 4,000
Investment idea: Buy Siemens shares for a 12-month target of Rs SIEMENS BUY 4300, DURATION 12 MONTHS
News-based pick: Buy Engineers India shares for a target of Rs 113 with a stop loss at Rs 108
My Choice picks:
- Buy Titan shares for a target of Rs 2,990 with a stop loss at Rs 2,850
- Buy SBI shares for a target of Rs 605 with a stop loss at Rs 580
- Buy ICICI Prudential for a target of Rs 510 with a stop loss at Rs 492
Arman Nahar
Buy Lemon Tree shares in the cash segment for a target of Rs 556 with a stop loss at Rs 534.5
Buy GMR Airports Infra futures for a target of Rs 43 with a stop loss at Rs 41.3
Buy the Rs 1,240 call option of ICICI Lombard at Rs 27.65 for a target of Rs 36.7 with a stop loss at Rs 24.6
Technical pick: Buy UltraTech shares for a target of Rs 8,350 with a stop loss at Rs 8,045
Fundamental pick: Buy Zomato shares for a nine-month target of Rs 86
Investment idea: Buy Nitin Spinners shares for a 12-month target of Rs 340
News-based pick: Buy New India Assurance shares for a target of Rs 122 with a stop loss at Rs 117
My Choice picks:
- Buy HAL shares for a target of Rs 3,510 with a stop loss at Rs 3,380
- Buy Hindustan Zinc shares for a target of Rs 316 with a stop loss at Rs 304
- Sell ONGC futures for a target of Rs 149.5 with a stop loss at Rs 156
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09:35 AM IST