How market wizard Anil Singhvi views Bajaj Finance, Coal India, other stocks today

As headline index Nifty50 notches a fresh lifetime high, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks. Here's what the market wizard suggests on scrips such as Bajaj Finance, Coal India and Coforge. : 

ZeeBiz WebTeam | May 03, 2024, 11:09 AM IST

As the Nifty50 scales a fresh record high, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks. Here's what the market wizard suggests on scrips such as Bajaj Finance, Coal India, Coforge and Ajanta Pharma:

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Buy Bajaj Finance futures: Anil Singhvi

Buy Bajaj Finance futures: Anil Singhvi

The market guru suggests buying Bajaj Finance futures for targets of Rs 7,050, Rs 7,130, Rs 7,250 and Rs 7,300 with a stop loss at Rs 6,780. 

 

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Coal India quarterly performance a mixed bag: Anil Singhvi

Coal India quarterly performance a mixed bag: Anil Singhvi

The market wizard highlights that there was "nothing good" but "nothing bad" either in CIL's quarterly results, wherein the PSU made a lot of adjustments. 

 

 

He believes Coal India futures have support at Rs 438 and Rs 443, and higher levels at Rs 460 and Rs 466.

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Sell Coforge futures, results weak: Anil Singhvi

Sell Coforge futures, results weak: Anil Singhvi

The market wizard suggests selling Coforge futures for targets of Rs 4,770 and Rs 4,655 with a stop loss at Rs 5,040, citing weak results wherein the IT firm's margin fell way short of estimates. 

 

 

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Buy Ajanta Pharma stock: Anil Singhvi

Buy Ajanta Pharma stock: Anil Singhvi

The market guru suggests buying Ajanta Pharma shares for targets of Rs 2,325, Rs 2,385 and Rs 2,450 with a stop loss at Rs 2,200. 

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