NIFTY 50

Chandan Taparia on December 14: Buy Maruti Suzuki, Zee Entertainment, Titan

Updated : December 14, 2018 09:16:27 IST

The latest analysis and commentary by stock market guru Chandan Taparia of Motilal Oswal Securities on what is moving the markets today.

He also spoke at length on Maruti Suzuki, Zee Entertainment, Titan, and Infosys.

“First trade is buy on Maruti Suzuki, the stock has been holding above its 50 day exponential moving average. We have seen Put writing and even call unwinding till all the strike of 8,000 is strike which indicates that momentum cannot be ruled out on higher side. It is also forming the higher lows from last 3-4 trading session. Recommending to buy with a stop loss of Rs 7,485 for an upside target towards Rs 7,845.

Second trade is Zee Entertainment, as per the price setup the stock can head towards Rs 515 kind of level and one can buy with a stop loss of Rs 483.”

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.
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

recommended for you