The latest analysis and commentary by stock market guru Manoj Murlidharan, VP-Derivatives at Religare Securities on what is moving the markets today.
He shared his views and readings on ITC and Mahindra and Mahindra (M&M).
Talking about stocks, he said, “At 302 we recommend buying ITC. The stop loss should be around Rs 296 and we are seeing a target of Rs 318 to Rs 330. We might see this distribution or the stock getting rolled into May series.”
“M&M is one stock which seems to have found some traction at least of lately. We recommend buying at Rs 685 with a stop loss around Rs 678 and we believe Rs 704 to Rs 708 should be the target,” he added.Disclaimer:
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