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Rahul Shah on November 12: Buy Mahindra & Mahindra, ICICI Bank, Tata Steel

Updated : November 12, 2018 12:03:03 IST

Rahul Shah of Motilal Oswal discusses with Prashant Nair and Ekta Batra his analysis on the F&O side of the market as well as specific stocks and sectors.

He also spoke at length on Mahindra & Mahindra, ICICI Bank & Tata Steel.

Talking about his stock picks, Rahul Shah said, “First is from auto major Mahindra & Mahindra (M&M). M&M has given a fresh technical breakout as well as good longs build up in the F&O space. So, one can go long in M&M with a stop loss of Rs 775 and target of Rs 835. Second stock is ICICI Bank we have seen stock near to its 52 week highs so it is coming to a new trading zone so I feel one should go long in ICICI Bank with a stop loss of Rs 348 and target of Rs 370.”

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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