Stocks to buy for short-term: Analysts suggest buying these 2 stocks; check targets, stop losses
On Friday, July 5, the BSE Sensex finished 53.07 points lower at 79,996.60, barely shy of the 80,000 milestone, while the NSE Nifty rose 21.70 points to 24,323.85.
Despite a record-breaking rise earlier this week, the stock market closed flat on Friday, July 5.
BSE Sensex
The BSE Sensex finished 53.07 points lower at 79,996.60, barely shy of the 80,000 milestone, while the NSE Nifty rose 21.70 points to 24,323.85.
Vikas Sethi's picks
Meanwhile, Vikas Sethi from Sethi Finmart chose two stocks from a short-term perspective. These include Sanghvi Movers and Latent View Analytics. Let's take a look at their targets and stop losses.
Sanghvi Movers share price target
The analysts have given the target price of Rs 1,180 for Sanghvi Movers. The current price of the stock is Rs 1121.6. This means the share has an upside of around 5 per cent from its last closing price.
Sanghvi Movers: Stop loss
Sethi has suggested a stop loss at Rs 1,100 per share.
Share price target of Latent View Analytics
Sethi suggests buying Latent View Analytics shares for a target price of Rs 545. This means the stock can provide returns of up to 5 per cent from its current price of Rs 519.1 each.
Latent View Analytics: Stop loss
The stop loss is Rs 490 per share given by the analyst.
The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.