Traders Diary: Buy, sell or hold strategy on Tata Chemicals, Hero MotoCorp, USL, India Cements, Hindalco, 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 Wednesday, August 30. 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 GR Infraprojects shares in the cash segment for a price target of Rs 1,310 with a stop loss at Rs 1,265
Buy India Cements September futures for a target of Rs 251 with a stop loss at Rs 240
Buy the Rs 2480 put option of InterGlobe Aviation (IndiGo) at Rs 17.55 for a target of Rs 25 with a stop loss at Rs 11
Technical pick: Buy Hindalco September futures for a target of Rs 472 with a stop loss at Rs 454
Fundamental pick: Buy Bajaj Auto shares for a six-month target of Rs 5,150
Investment idea: Buy Aditya Birla Fashion shares for a six-month target of Rs 250
News-based pick: Buy Ami Organics shares for a target of Rs 1,356 with a stop loss at Rs 1,300
My Choice picks:
- Buy SBFC Finance shares for a target of Rs 89 with a stop loss at Rs 84
- Buy Unichem Labs shares for a target of Rs 430 with a stop loss at Rs 411
- Buy Central Bank of India shares for a target of Rs 36.5 with a stop loss at Rs 34.5
Arman Nahar
Buy MTAR shares in the spot market for a target of Rs 2,300 with a stop loss at Rs 2,205
Sell United Spirits shares for a target of Rs 980 with a stop loss at Rs 1,024
Buy the Rs 1,100 call option (September) of Lupin at Rs 38 for a target of Rs 50 with a stop loss at Rs 34
Technical pick: Buy Genus Power shares for a target of Rs 268 with a stop loss at Rs 256.5
Fundamental pick: Buy DCM Nouvelle shares for a one-year target of Rs 225
Investment idea: Buy Tata Chemicals shares for an eight-month target of Rs 1,250
News-based pick: Buy Gulf Oil shares for a target of Rs 606 with a stop loss at Rs 581
My Choice pick:
- Buy Anupam Rasayan shares for a target of Rs 1,035 with a stop loss at Rs 993
- Buy Hindustan Zinc shares for a target of Rs 325.5 with a stop loss at Rs 312.5
- Buy Hero MotoCorp shares for a target of Rs 3,080 with a stop loss at Rs 2,958
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