The latest analysis and commentary by stock market guru Manav Chopra of Indiabulls Venture on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about United Breweries, IDFC First Bank, BHEL.
Stock specific, Chopra said, “My first buy call is on United Breweries. At the current levels it is providing a good risk reward ratio. A stop loss of Rs 1,420 for an upside target of Rs 1,510. The other pick is on IDFC First Bank. One can maintain a stop loss of Rs 50 on the lower side for an upside target of Rs 56. BHEL is a contra bet. At the current levels the stock is providing a good risk reward for a medium to long term perspective. We recommend a buy into this with a stop loss of Rs 70 for an upside target of Rs 80.”Disclaimer:
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