NIFTY 50

Buy Aurobindo, Tata Elxsi and Axis Bank, says Yogesh Mehta

Updated : November 01, 2018 09:14:44 IST

The latest analysis and commentary by stock market guru Yogesh Mehta of Motilal Oswal Securities on what is moving the markets today.

He shared his views and readings on Aurobindo Pharma, Tata Elxsi and Axis Bank.

Talking about Aurobindo, he said, “It’s showing strength from Rs 720 bottom it has made and now it is Rs 790 level. Keep a stop loss of Rs 775 and target could be in the range of Rs 820-825.”

On Tata Elxsi front, Mehta said, “Since IT sector is in a positive territory, Rs 1,035 keeping a stop loss of Rs 1,010 one can go long. Target could be in the range of Rs 1,080-1,090.”

“So far Rs 540-560 was the consolidation zone for Axis Bank. Keep a stop loss of Rs 568 and target could be in the range of Rs 610-615 level,” he added.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you