Should you buy, sell or hold Tata Steel, ITC, Bata, Bharti Airtel shares? How analysts view over a dozen stocks now
Share Market Today: Domestic equity benchmarks Nifty 50 and Sensex struggled against a broad-based sell-off on Thursday amid weak global cues. Zee Business analysts have shared their views on more than a dozen stocks to trade now in this edition of 'Trader's Diary'.
Share Market Today: Domestic equity benchmarks Nifty 50 and Sensex struggled against a broad-based sell-off on Thursday amid weak global cues.
Zee Business analysts Ashish Chaturvedi and Kushal Gupta have shared their views on more than a dozen stocks to trade now in this edition of 'Trader's Diary'.
Representational images | Image sources: PTI, Pexels
Cash Market
Ashish Chaturvedi suggests buying IOLCHEM shares in the cash segment for a target of Rs 436 with a stop loss at Rs 400.
Kushal Gupta has a 'buy' call on Swiggy shares for a target of Rs 590 with a stop loss at Rs 570.
Futures Segment
Chaturvedi suggests selling Aarti Industries futures for a target of Rs 406 with a stop loss at Rs 430. Gupta has a 'sell' call on Federal Bank futures for a target of Rs 192 with a stop loss at Rs 203.
Options Trade
Chaturvedi suggests buying the Rs 1,380 put option of Bata for a target of Rs 30 with a stop loss at Rs 16. Gupta suggests buying the Rs 1,240 put option of Cholamandalam Investment at Rs 19.5 for a target of Rs 35 with a stop loss at Rs 12.
Technical Pick
Chaturvedi suggests selling Samvardhana shares for a target of Rs 152 with a stop loss at Rs 163. Gupta has a technical 'sell' call on Tata Elxsi futures for a target of Rs 7,020 with a stop loss at Rs 7,350.
Fundamental Pick
Chaturvedi has a 'buy' call on EIH Ltd shares with a one-month target of Rs 475.
Gupta has a 'buy' call on Bharti Airtel with a one-year target of Rs 1,900.
Investment Pick
Chaturvedi has a 'buy' call on UBL shares with a one-year target of Rs 2,380.
Gupta suggests buying ITC shares for a one-year target of Rs 550.
News-based Pick
Chaturvedi suggests buying Coastal Corp shares for a target of Rs 263 with a stop loss at Rs 248. Gupta has a 'buy' call on Lupin futures with a target of Rs 2,160 and a stop loss at Rs 2,075.
Ashish Chaturvedi's 'My Choice' Picks
The analyst has three 'sell' calls for the day:
- Sell IndusInd Bank shares for a target of Rs 950 with a stop loss at Rs 974
- Sell Tata Steel shares for a target of Rs 141 with a stop loss at Rs 146
- Sell HFCL shares for a target of Rs 114 with a stop loss at Rs 121
Kushal Gupta's 'My Choice' Pick
Gupta suggests selling Hindalco futures for a target of Rs 620 with a stop loss at Rs 645.
Kushal Gupta's 'My Choice' Pick
Gupta suggests selling Bharat Forge futures for a target of Rs 1,270 with a stop loss at Rs 1,325.