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VIDEOS
Market

Here are some trading strategies by stock experts Mitessh Thakkar & Ashwani Gujral

Updated : April 12, 2019 12:41 PM IST

They spoke at length about Cipla, ITC, DLF, Gas Authority of India, PNB Housing, BHEL, ICICI Bank, REC, Tata Motors, Wipro, Indiabulls Real Estate, L&T Finance, and ITC.

Stock specific Thakkar recommended buying Cipla and ITC.

“I like Cipla and ITC. I think ITC is just getting into some kind of an uptrend again after a few days of consolidation. That could be bought with a stop at Rs 295 for targets of Rs 310. CIpla is a buy with a stop at Rs 545 for target of Rs 565,” he said.

Recommending specific stocks, Gujral said, “BHEL is a buy with a stop of Rs 74 and target of Rs 82. ICICI Bank is a buy with a stop of Rs 386 and target of Rs 410. REC is a buy with a stop of Rs 150 and target of Rs 162.”

“I have chosen L&T Finance. One can buy a 150 strike Put that is quoting around Rs 5-5.50. Keep a target of Rs 10 and one could keep a stop loss of Rs 2.50. On the long side, consider buying ITC. It can be bought for a possible target of Rs 308. Suggest a stop loss of Rs 294,” Subramanyam said.

Follow stock recommendations by Mitessh Thakkar here:

https://www.cnbctv18.com/author/mitessh-thakkar-111/

Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/

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.
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