Traders Diary: Buy, sell or hold strategy on Tata Steel, Tata Power, M&M, Dr Reddys Lab, JSPL, over a dozen other stocks today
Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedis radar.
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, January 31. 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:
Kushal Gupta
Buy Star Health shares in the cash segment for a target of Rs 580 with a stop loss at Rs 556
Buy Jindal Steel & Power Ltd (JSPL) futures for a target of Rs 773 with a stop loss at Rs 745
Buy the Rs 570 call option of Hindalco at Rs 24.7 for a target of Rs 45 with a stop loss at Rs 15
Technical pick: Buy Apollo Tyres shares for a target price of Rs 550 with a stop loss at Rs 527
Fundamental pick: Buy JBM Auto shares for a target of Rs 1,950 with a stop loss at Rs 1,870
Investment idea: Buy Nippon Life AMC shares for a one-year target of Rs 620
News-based pick: Buy PB Fintech shares for a target of Rs 934 with a stop loss at Rs 897
My Choice picks:
- Sell Chambal Fertilisers and Chemicals shares for a target of Rs 350 with a stop loss at Rs 366
- Sell Bata India for a target of Rs 1,420 with a stop loss at Rs 1485
- Buy Piramal Pharma shares for a target of Rs 143 with a stop loss at Rs 135
Ashish Chaturvedi
Buy Garden Reach shares in the cash segment for a target price of 940 with a stop loss at Rs 896
Buy SRF futures for a target of Rs 2,185 with a stop loss at Rs 2,250
Buy the Rs 280 call option of M&M for a target of Rs 18 with a stop loss at Rs 12
Technical pick: Buy Jamna Auto shares for a target of Rs 125 with a stop loss at Rs 112
Fundamental pick: Buy NTPC shares for a target of Rs 332 with a perspective of one-month
Investment idea: Buy Tata Steel shares for a one-year target of Rs 162.
News-based pick: Buy Tata Power shares for a target of Rs 390 with a stop loss at Rs 380
My Choice picks:
- Buy Dr Reddy's Laboratories shares for a target of Rs 5,950 with a stop loss at Rs 5,800
- Buy Glenmark shares for a target of Rs 920 with a stop loss at Rs 890
- Buy Kalpataru Projects International shares for a target of Rs 800 with a stop loss at Rs 740
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