The latest analysis and commentary by stock market guru Prakash Gaba on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Can Fin Homes, Indiabulls Housing Finance, Infosys, Sun Pharmaceuticals, Just Dial, and Bharat Petroleum Corporation Ltd. (BPCL).
"I have two stocks one long and one short. Just Dial looks good to me very good chance Just Dial can climb to around Rs 660 zones stop below Rs 615 should be okay. Stock that looks weak is Bharat Petroleum Corporation Ltd. (BPCL) some correction is due so we can see a slide to around Rs 367 zones stop above Rs 393."
“I have Indiabulls Housing, good set up, this kind of set up we look for, I think it is climbing to levels closer to around Rs 800 zones, stop below Rs 700. I have Can Fin Homes, that also is looking good, target on the upside is Rs 340-350 zones, stop below Rs 320 is in order. I have Infosys as well, it has seen a good upmove in the last couple of days, it should propel it up, it is close to around its highs on Wednesday. I think the targets are more than Rs 750 zones, stop below Rs 725 and Sun Pharma, I think it is going to around Rs 490-500 zones, stop below Rs 465,” he said.
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