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Manoj Murlidharan on November 12: Buy Apollo Tyres, Cummins India

Updated : November 12, 2018 09:08:52 IST

The latest analysis and commentary by stock market guru Manoj Murlidharan of Religare Securities on what is moving the markets today.

He also spoke at length on Apollo Tyres and Cummins India.

Talking about his stock recommendations, Manoj Murlidharan said, “We like Apollo Tyres and we believe that there is a good VWAP concept which has been emerging into this stock so Rs 220 roughly is what we are recommend buying, let us say keep a stop loss of Rs 204 and a weighted average price of Rs 244-246 is where we might see some distribution followed with Cummins India as well. We recommend buying that as well at Rs 780 with a stop loss Rs 760 and target somewhere close to Rs 812 is what we are expecting on that.”

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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