The latest analysis and commentary by stock market guru Gaurav Bissa of LKP Securities on what is moving the markets today. Check out his top stock recommendations.
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He spoke at length about Idea Cellular, and Equitas.
Recommending stock specific ideas, Bissa said, “First recommendation would be buy on Ideal Cellular. Rs 45-46 can be seen in next 3-4 trading sessions. One can keep a stop loss of Rs 41.50 and buy Idea futures.”
“Second recommendation would be sell on Equitas futures for the reason that we have seen around 3 percent open interest (OI) addition happening today. Some shorts are seen getting built. From higher levels we have seen a strong downward momentum continuing. One can keep a stop loss of Rs 110; on the downside Rs 105 is quite possible,” he added.
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