The latest analysis and commentary by stock market guru Prakash Gaba of prakashgaba.com on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Bajaj Auto, ACC, Adani Enterprise, and Bharti Airtel.
Speaking about individual stocks, Gaba said, “Adani Enterprise looks like a fresh good short. Possible target on the downside is Rs 137, stop above Rs 154. Even Bharti Airtel is looking like a sell. It has got exhausted, looks like it is coming down. Any rallies in Bharti Airtel are shorting opportunities. Target Rs 336, stop above Rs 352.”
“I like two stocks on the short side. Bajaj Auto looks like a weak stock. It can see a slide to around Rs 2,800 zones, stop above Rs 2,880. ACC is another short from the cement pack. Looks like Rs 1,500 is possible, stop above Rs 1,545,” he added.
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