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videos | IST

Rahul Shah on December 3: Buy Titan, & M&M Finance; Sell JSW Steel

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The latest analysis and commentary by stock market guru Rahul Shah of Motilal Oswal on what is moving the markets today. Check out his top stock recommendations.

The latest analysis and commentary by stock market guru Rahul Shah of Motilal Oswal on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Titan, M&M Finance, and JSW Steel.
Recommending stock specific ideas, Shah said, “Consumers is doing quite well since last 5-6 sessions and in that space what we like is Titan. So we would go long Titan in F&O with a stop loss of Rs 922 with a target of Rs 965. Second is M&M Finance. We have seen all NBFCs recovering quite well, so, my sense is one should go long on M&M Finance with a stop loss of Rs 430 and target of Rs 460. Third is a short idea on metal space, JSW Steel. We have seen all metal stocks on a negative slide and JSW Steel has been on a rollercoaster on the negative side for quite some time. Still I feel that in such markets metals would be a good play to go short on. So I would go short on JSW Steel with a stop loss of Rs 325 and target of Rs 308.”
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