Top stock picks | HDFC Bank, Adani Ports, Bank of Baroda, SBI, Tata Motors, Sun TV, NMDC
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Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani, Technical Trends, along with Chandan Taparia, Derivative & Tech Analyst, Motilal Oswal Financial Services share their top stock picks for the day.
From Mitessh Thakkar
Mitessh Thakkar’s first buy call of the day is on HDFC Bank. He recommends this with a stop loss of ₹1,615 for an upside target of ₹1,665. The stock has gained more than 8% in the last month.
He recommends a buy call on Bank of Baroda with a stop loss of ₹217 for an upside target ₹230-233. The stock is up more than 11% over the last month.
Kotak Mahindra Bank is another buy call from Mitessh Thakkar. His recommendation comes with target of ₹1,865 and a stop loss of ₹1,810. The stock has gained more than 3% in the last month.
Thakkar also recommends buying Adani Ports with a stop loss of ₹1,040 for a target of ₹1,120. Shares have gained more than 33% over the last month.
From Sudarshan Sukhani
Sukhani finds a buying opportunity in Tata Motors. He advises traders to keep a stop loss of ₹712. Shares have gained more than 7% over the last month.
Sukhani’s has a buy on Sun TV. For this he advises a stop loss of ₹672. Shares are down more than 3% over the last month.
MCX is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹3,180. The stock has gained more than 13% in the last month.
Lastly, Sukhani recommends a buy on Larsen and Toubro. He advises a stop loss of ₹3,340. Shares are up more than 11% over the last month.
From Chandan Taparia
Taparia has a buy call on NMDC with a stop loss of ₹188 and a price target of ₹203 on the upside. Shares are up more than 14% over the last month.
Additionally, he has a buy recommendation on NTPC with a stop loss of ₹288 and for an upside target of ₹313. Shares are up more than 20% over the last month.
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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