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Buy Petronet LNG, BEL and SBI, says Manav Chopra of Indiabulls Venture

Updated : May 24, 2019 03:10 PM IST

The latest analysis and commentary by stock market guru Manav Chopra, CMT & Hd-Research Equity of Indiabulls Venture on what is moving the markets today. He also spoke at length on Petronet LNG, Bharat Electronics Limited (BEL), and State Bank of India (SBI).

Manav Chopra stock recommendations are, “My first buy call is on Petronet LNG, this stock has witnessed a good breakout, consolidation on the daily charts with above average volumes. It is sustaining above its short-term averages. We recommend a buy into this, the stop loss would be at Rs 234 on the lower side with an upside target of Rs 270. Buy BEL with a stop loss of Rs 105 with an upside target of Rs 120. Buy State Bank of India is a buy with a stop loss of Rs 335 target of Rs 380.”

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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