How market wizard Anil Singhvi views Godrej Properties, Havells, IndiaMART, Federal Bank, other stocks today
As Dalal Street returns to trade after a mid-week holiday, 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 Godrej Properties, Havells, IndiaMART, Federal Bank and Netweb Tech. :
As Dalal Street returns to trade after a mid-week holiday, 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 Godrej Properties, Havells, IndiaMART, Federal Bank, REC and Netweb Tech:
:
Buy Federal Bank futures: Anil Singhvi
The market wizard suggests buying Federal Bank futures with a stop loss at Rs 160 for targets of Rs 168 and Rs 171.
Family settlement agreement positive for Godrej Industries: Anil Singhvi
The market wizard suggests buying Godrej Industries futures with a stop loss at Rs 955 for targets of Rs 995 and Rs 1,020. He also recommends buying Godrej Properties futures with a stop loss at Rs 2,622 for targets of Rs 2,720 and Rs 2,755.
Havells India Q4 performance extraordinary strong: Anil Singhvi
The market wizard points out that the FMEG firm's Q4 performance is extraordinarily strong with Lloyd’s profit being a big surprise.
He suggests buying Havells futures with a stop loss at Rs 1,659 for targets of Rs 1,708, Rs 1,725, Rs 1,755 and Rs 1,800.
Netweb Tech results strong: Anil Singhvi
The market guru suggests buying Netweb Technology shares for targets of Rs 1,720, Rs 1,740 and Rs 1,775 with a stop loss at Rs 1,670.
He also highlights that the company clocked a record EBITDA in Q4 with a strong order book.
Indus Towers results strong but already priced in: Anil Singhvi
The market wizard points out that Indus Towers shares have already gained 52 per cent in three months.
He sees support emerging for Indus Towers futures at Rs 343 and a higher level at Rs 367.
IndiaMART InterMESH results a mixed bag: Anil Singhvi
The market wizard points out that there appreas to be "nothing bad and nothing great" in IndiaMART InterMESH's Q4 earnings.
He expects IndiaMART futures to find support at Rs 2,580 and Rs 2,625 levels.
The market guru sees higher levels in the contract at Rs 2,710 and Rs 2,755.
REC Q4 performance strong: Anil Singhvi
The market wizard expects follow-up buying in REC shares after a strong upmove on April 30. He suggests buying the futures with a strict stop loss at Rs 500 for targets of Rs 520 and Rs 530.