Motilal Oswal
    NIFTY 50
Motilal Oswal

Buy ITC & sell M&M, Dabur, says Rahul Shah of Motilal Oswal

Updated : May 13, 2019 12:11 PM IST

Sudarshan Sukhani of, Mitessh Thakkar of, and Rahul Shah of Motilal Oswal discusses with Prashant Nair and Ekta Batra their readings and outlook on market technical and F&O side of the market as well as specific stocks and sectors.

They also spoke at length on Tata Global Beverages, HCL Technologies, Canara Bank, IDFC, ITC, Mahindra & Mahindra (M&M) and Dabur.

Sudarshan Sukhani’s stock picks are Tata Global Beverages is a buy, it is an intraday buy and IT is doing well HCL Technologies is an intraday buy. Canara Bank from that PSU banks is a short sell. All PSU banks are short sells except for State Bank of India.

Mitessh Thakkar’s stock recommendations are a sell on IDFC stop at Rs 37 for targets of Rs 33.50 and ITC is a buy with a stop at Rs 297 for targets of Rs 309.

Rahul Shah's stock ideas are, "From FMCG pack I have one buy trade, ITC which has crossed Rs 300 levels today so there it looks like a clear breakout so with a risk to reward going long on ITC could be a favourable from here so I would go long on ITC with a stop loss of Rs 297 and target of Rs 314. I will go short on Dabur where we have seen decent sell-off and technically the stock has broken Rs 373 levels. my sense is stock can still go to Rs 358 short Dabur with a stop loss of Rs 377 and target of Rs 358. M&M is a sell with a stop loss of Rs 634 and target would be Rs 600.”

Follow stock recommendations by Sudarshan Sukhani here:

Follow stock recommendations by Mitessh Thakkar here:

Disclaimer: The views and investment tips expressed by investment experts on are their own and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.
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