Technical analysts Sudarshan Sukhani and Shrikant Chouhan of Kotak Securities along with Sneha Seth, Derivatives Research, Analyst at Angel One share their top stock picks for the day.
From Sudarshan Sukhani
Sukhani finds a buying opportunity in HDFC Life. He advises traders to keep a stop loss of ₹601. Shares have gained more than 7% over the last month.
Maruti Suzuki India is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹11,460. The stock has gained more than 2% in the last month.
Sukhani recommends short on Tata Communications and Bharat Forge. For these, he advises stop loss of ₹1,994 and ₹1,175 respectively.
From Shrikant Chouhan
Shrikant Chouhan's first buy call of the day is on Brigade Enterprises. He recommends this with a stop loss of ₹840 for an upside target of ₹1,050-1,060. Shares have declined more than 5% in the last month.
He recommends a buy call on Coal India with a stop loss of ₹420 for an upside target ₹460-465. The stock is down more than 2% over the last month.
From Sneha Seth
Sneha Seth has a buy call on Apollo Tyres with a stop loss of ₹447 and a price target of ₹480 on the upside. The stock was down more than 12% in the past month.
Additionally, she also has a buy recommendation on BPCL with a stop loss of ₹572 for an upside target of ₹625. Shares are down more than 3% over the last month.
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