The latest analysis and commentary by stock market guru Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities on what is moving the markets today.
He shared his views and readings on Infosys, UPL and Kaveri Seed Company.
Talking about stocks, he said, “Go long on Infosys in a small decline near Rs 745. One can put a stop loss of Rs 730 in that scenario to play the upmove towards Rs 780-785 zone.”
“Buy UPL with a stop loss of Rs 828. This stock has a potential to move towards Rs 891 after the market consolidation,” he added.
“Sell Kaveri Seed Company with a stop loss of Rs 405 and the stock has potential to retest the recent low near Rs 370 level,” he further added.
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