Sudarshan Sukhani, Mitessh Thakkar and Yogesh Mehta of Motilal Oswal discusses with Prashant Nair and Ekta Batra their readings and outlook on market technical and F&O side of the market as well as specific stocks and sectors.
They also spoke at length on Bata India, Colgate-Palmolive, Zee Entertainment Enterprises, Maruti Suzuki India, HCL Technologies, State Bank of India (SBI), NIIT Technologies, Reliance Industries and Hindalco .
Sudarshan Sukhani stock ideas are, “Bata is a buy and it has been an outstanding performer and that continues to be a buy among the stock picks that we are now discussing. Colgate-Palmolive is now slowly putting its act together it is outperforming the other FMCG stocks and probably looking at more momentum on the upside. Zee Entertainment, there is more short side left here so Zee can be a short sell for the day.”
Mitessh Thakkar stock picks are, “HCL Technologies is something which is showing good signals so I would recommend a buy with a stop at Rs 1,038 for targets of Rs 1,080. Colgate-Palmolive is a buy with a stop loss below Rs 1,290 and look for Rs 1,335 as the target.”
Yogesh Mehta stock picks are, “Recommendation is NIIT Technologies on the buy side, target could be in the range of Rs 1,395 and keeping a stop loss of Rs 1,333 levels. Reliance Industries can go long for a target of Rs 1,420 and stop loss of Rs 1,360. The third one is Hindalco keeping a stop loss of Rs 202 target could be in the range of Rs 216.”
Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/
Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/
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