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 Apollo Tyres, Aurobindo Pharma, Mahindra and Mahindra, Capital First, Ajanta Pharma, Voltas, Sun Pharmaceutical, Godrej Industries, Strides Pharma Science, and Voltas.
Talking about his recommendations, Prakash Gaba said, "Strides Pharma Science looks good. Looks like it is heading to levels closer to Rs 500 zone, may take a day or two for that, stop below Rs 450 on Stride should be fine. I also like Voltas, looks good, good base formation. Target on the upside Rs 540 zones, stop below Rs 513."
Speaking about the individual stock ideas, Gaba said, “I like Apollo Tyres. It looks good, it has seen a good build up out here, technical targets on the upside Rs 226, stop below Rs 215. I do have Aurobindo Pharma from the pharmaceutical pack. It looks good, build up is there, target on the upside is Rs 815, stop below Rs 785. I also have Mahindra and Mahindra (M&M). It has seen a good build up here. Good base formation, target on the upside Rs 825, stop below Rs 780. Capital First looks like is heading up to levels closer to Rs 495, stop below Rs 475.”
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