Which stocks to buy? Solar Industries, Granules India, UPL and other shares analysts recommend
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, and Ambareesh Baliga share their top recommendations for the March 29 session.
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, and Ambareesh Baliga share their top recommendations for the March 29 session.
Stocks such as Solar Industries, Granules India and UPL are on their 'buy' and 'sell' list today.
Here's what Rakesh Bansal, Kunal Saraogi, and Ambareesh Baliga recommend for the March 29 session in this installment of the special 'Pick of the Day' segment on Zee Business:
Buy Solar Industries | Target: Rs 4,500
Market expert Ambareesh Baliga believes that Solar Industries looks promising. The company is a global leader in making energy materials that are used in mining and infrastructure projects. According to him, it has a strong order book, and the company's revenue and EBITDA are up on YoY basis, and expects a growth of 65 per cent for FY23.
Sell Granules India | Target: Rs 235/240 | Stop Loss: Rs 287
According to market expert Rakesh Bansal, there is a big breakdown in company's chart. As per its technical structure, there are chances to fall even in a growing market. Investors need to focus while trading.
Buy UPL | Target: Rs 728/740 | Stop Loss: Rs 706
As per market expert Kunal Saraogi, investors are suggested to buy shares of UPL. There is an inverse head and shoulder pattern on its chart. "We saw a bounce in this because of major support," Saraogi said.
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