Ashwani Gujral of ashwanigujral.com, Mitessh Thakkar of mitesshthakkar.com and Krish Subramanyam, Co-hd Eq Advisory, Altamount Capital 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.
Mitessh Thakkar stock ideas are, “BHEL could possibly be trying for the reversal so that is a buy with a stop at Rs 68.50 a very tight stop loss and look for targets of Rs 74. Bharat Forge is looking like continuing on the downside. Sell with a stop at Rs 461 and look for declines about Rs 440.”
Ashwani Gujral stock recommendations are, “Larsen & Toubro (L&T) is a buy with a stop at Rs 1,520 target of Rs 1,575. Indusind Bank is a sell with a stop of Rs 1,450 target of Rs 1,400 and Aurobindo Pharma is a sell with a stop of Rs 612 target of Rs 585.”
Krish Subramanyam F&O stock recommendations are, “Put option in Larsen & Toubro (L&T), the stock has been seeing selling pressure on that higher levels so one could possibly see a buy of 1520 Put that is quoting at around Rs 15-16 keeping a target of Rs 27 and stop loss of Rs 8. A Covered Call on Tata Steel the metals have been a strong feature and even in a market which is sliding they seen to be holding on. Buy the futures and sell 510 Call that is quoting at around keeping a very bonus target of Rs 518 and stop loss of Rs 495.”
They also spoke at length BHEL, Bharat Forge, Larsen & Toubro (L&T), Indusind Bank, Aurobindo Pharma and Tata Steel.
Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/
Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/Disclaimer
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