Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 1270, target of Rs 1340 and ICICI Bank with a stop loss of Rs 415, the target of Rs 432.

The BSE Sensex gained 165.94 points to 39,950.46 while the Nifty50 rose 42.90 points to 11,965.60, forming a 'Doji' kind of pattern on daily charts for the third consecutive session suggesting indecisiveness. The broader markets also closed higher with the Nifty Midcap index rising 0.68 percent and Smallcap index gaining 0.10 percent.


According to the Pivot charts, the key support level is placed at 11,913.17, followed by 11,860.73. If the index starts moving upward, key resistance levels to watch out are 12,009.17 and 12,052.73.

The Nifty Bank index closed at 31,265.45, up 231.45 points on June 11. The important Pivot level, which will act as crucial support for the index, is placed at 31,026.03, followed by 30,786.67. On the upside, key resistance levels are placed at 31,452.03, followed by 31,638.67.

In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:

Ashwani Gujral of ashwanigujral.com

Buy Rural Electrification Corporation with a stop loss of Rs 150, the target of Rs 165

Buy Titan Company with a stop loss of Rs 1270, target of Rs 1340

Buy ICICI Bank with a stop loss of Rs 415, the target of Rs 432

Sell Ujjivan Financial Services with a stop loss of Rs 337, the target of Rs 320

Sell Mahindra & Mahindra with a stop loss of Rs 642, the target of Rs 620

Sudarshan Sukhani of s2analytics.com

Buy Tata Global Beverage with stop-loss at Rs 251 and target of Rs 259

Buy Titan Company with stop-loss at Rs 1274 and target of Rs 1298

Buy Interglobe Aviation with stop-loss at Rs 1666 and target of Rs 1695

Sell CG Power with stop-loss at Rs 33.5 and target of Rs 32

Sell Sun TV Network with stop-loss at Rs 530 and target of Rs 518

Mitessh Thakkar of mitesshthakkar.com

Buy Adani Enterprises with a stop loss of Rs 150 and a target of Rs 160

Buy Bharat Electronics with a stop loss of Rs 109 and a target of Rs 114

Buy BHEL with a stop loss of Rs 67.5 and target of Rs 74

Buy Tata Chemicals with a stop loss of Rs 625 and a target of Rs 657

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com/CNBC-TV18 are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​

A special offer this week. take 2 days  free trial in Stock Market Tips and MCX Tips 

Comments

Post a Comment

Popular posts from this blog

Technical Classroom: How to use Fibonacci Retracement Levels in stock trading

Image
Fibonacci retracement is a method of technical analysis for determining support and resistance levels A Fibonacci retracement is a popular tool among technical traders and is based on some key numbers. The origins of the Fibonacci series can be traced back to the ancient Indian mathematic scripts, with some claims dating back to 200 BC. However – in the 12th century - Leonardo Pisano Bigollo, an Italian mathematician who was known to his friends as Fibonacci, discovered Fibonacci numbers. It is a popular tool that technical traders use to help identify price levels for transactions, stop losses or target prices. These retracement levels also provide support and resistance levels for a stock. However, it really becomes most effective when confirming signals or conditions identified by additional technical analysis tools. Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It is named after the use of the Fibonacci sequ...
Read more

Veto Switchgears jumps 5% on realisation of unsecured loan

Image
Veto Switchgears had given unsecured loan to its wholly owned overseas subsidiary Veto Overseas Private F.Z.E. Veto Switchgears and Cables shares rallied 4.8 percent intraday on June 14 after realization of unsecured loan from a subsidiary. "We realized an amount of $1 million against an unsecured loan on June 13," the wires & cables and electrical accessories manufacturer said in its filing. Veto Switchgears had given unsecured loan to its wholly owned overseas subsidiary Veto Overseas Private F.Z.E. The stock climbed 10 percent in the last 15 sessions. At 13:13 hours IST, it was quoting at Rs 66.75, up to Rs 1.10, or 1.68 percent on the BSE. G et a 2 days free trial in Stock Market Tips and MCX Tips  
Read more

Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

Image
Sudarshan Sukhani of s2analytics.com recommends buying Dabur India with stop-loss at Rs 381 and target of Rs 394, Ajanta Pharma with stop-loss at Rs 944 and target of Rs 973 and Hexaware Tech with stop-loss at Rs 410 and target of Rs 424. The market reversed most of its gains that were seen in the previous session and closed sharply lower on June 21. Escalated geopolitical tensions between the US and Iran and the RBI's concern over slowing economy dented traders' sentiment. Sensex fell 407.14 points or 1.03 percent to 39,194.49, while Nifty shed 107.70 points or 0.91 percent to 11,724.10, forming a bearish candle on the daily as well as weekly charts. For the week, indices declined 0.65 percent and 0.8 percent, respectively. The broader markets outperformed benchmark indices, with the Nifty Midcap and Smallcap indices closing flat with a negative bias. All sectoral indices closed in the red. According to the Pivot charts, the key support level is placed at...
Read more