The latest analysis and commentary by stock market guru Manoj Murlidharan of Religare Securities on what is moving the markets today. Check out his top stock recommendations.
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He spoke at length about Marico and Bharat Electronics Ltd (BEL).
“We advocate buying Marico, somewhere close to Rs 363-365 with a stop loss of Rs 356 and we are expecting a target close to Rs 384-386. We like BEL as well. The stock has shown phenomenal run after the resistance level of Rs 88. Currently it is at Rs 102 and we expect more on the upside, somewhere close to Rs 114-116. The stop loss should be Rs 100 on that,” he said.
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