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Buy M&M, Britannia, Divis Lab and Glenmark Pharma, says VK Sharma

Updated : November 09, 2018 09:04 AM IST

The latest analysis and commentary by stock market guru VK Sharma of HDFC Securities on what is moving the markets today.

He shared his views and readings on Mahindra and Mahindra, Britannia Industries, Divis Laboratories and Glenmark Pharma.

Talking at length about the stocks, he said, “I am buying 800 Call at Rs 18. On Muhurat day it had closed at Rs 21, so I am buying Rs 3 lower at Rs 18 with a stop loss at Rs 13 and target of around Rs 27.”

“Britannia’s 5,900 Call I am buying at Rs 120. It closed at Rs 125, stop loss at Rs 8 with a target around Rs 200,” he added

“I am buying 1,500 Call in Divis Laboratories at Rs 53 with a stop loss at Rs 40 and target around Rs 75 and Glenmark Pharma is another one where I am buying 670 Call at Rs 23, stop loss at Rs 17 and target of around Rs 35. Both these two stocks’ positions have been added in the current series, the prices have upped and technically also they are well-placed,” Sharma further 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.
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