NIFTY 50

Buy Wockhardt, Raymond & Motherson Sumi, says Sameet Chavan of Angel Broking

Updated : May 20, 2019 02:05 PM IST

The latest analysis and commentary by stock market guru Sameet Chavan of Angel Broking on what is moving the markets today.

He also spoke at length on Wockhardt, Raymond and Motherson Sumi Systems.

Sameet Chavan stock recommendations are, “At current juncture within the midcap pharma space we have a contra buy on Wockhardt. It is verge of a breakout and we would anticipate this breakout and would advise going long for a target of Rs 408 stop loss of Rs 368. Second buy would be on Raymond, this has been one of the outperforming stocks off late. We would continue with a positive stance on Raymond. Immediate target to watch out for is Rs 855 it can be bought with a stop loss of Rs 803. Motherson Sumi Systems is a buy with a stop of Rs 118 and target of Rs 134.”

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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV