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market | IST

Buy Tech Mahindra, Godrej Industries, HDFC; Sell Tata Steel, says Chandan Taparia

The latest analysis and commentary by stock market guru Yogesh Mehta of Motilal Oswal on what is moving the markets today.
According to Taparia, Nifty has immediate hurdle at 10,480. He said “Maximum Put open interest shifted to 10,300 but maximum Call open interest at 10,500. So that is going to restrict the upside momentum.”
Check out his top stock recommendations.
  • Tech Mahindra is a buy with a stop of Rs 638 and target of Rs 685.
  • Godrej Industries is a buy with a stop of Rs 565 and target of Rs 595.
  • HDFC is a buy with a stop of Rs 1,808 and target of Rs 1,873.
  • Tata Steel is a sell with a stop of Rs 610 and target of Rs 575.