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
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