NIFTY 50

Rahul Shah on November 19: Buy IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra

Updated : November 19, 2018 15:05:17 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 IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra (M&M).

Speaking about IndusInd Bank, Rahul Shah said, “I think we have seen some kind of action happening today and some built up in IndusInd Bank so I feel a good support at Rs 1,470 or so from there it bounces back. My sense is one should go long on IndusInd Bank from this levels. Risk to reward is quite favorable so keep a stop loss of Rs 1,492 target of Rs 1,570.”

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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