The latest analysis and commentary by stock market guru Manoj Murlidharan of Religare Securities on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about India Cement, and Dabur.
Speaking about individual stocks, Murlidharan said, “I like India Cement and we believe there is good buying which has happened in the cash market and we might see a follow up trade as well. So buying that somewhere close to Rs 87-88 the stop loss should be let us Rs 83-84 and we are expecting the stock to hover around Rs 100. So somewhere from Rs 98-100 is where we believe the target can be. We like Dabur as well. At Rs 420-422 we recommend buying that with a stop loss of Rs 409 and we are expecting a good 30 more points on the upside. So, somewhere close to Rs 448-450 should be the target on Dabur.”Disclaimer:
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