Buy Bajaj Finance, Bata & Axis Bank, says stock analyst Chandan Taparia

The latest analysis and commentary by stock market guru Chandan Taparia, derivative and technical analyst at Motilal Oswal Securities on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Bajaj Finance, Bata India and Axis Bank.

“We have a buy on Bajaj Finance. We are recommending to go long on Bajaj Finance with a stop loss of Rs 3,490 and expecting it to move towards Rs 3,690 kind of levels. Second trade, we have buy on Bata India. We are expecting fresh leg of rally to new high territory. So recommending to buy with a stop loss of Rs 1,405 and expecting it to surpass previous high of Rs 1,470 and head towards Rs 1,495 kind of levels. Third trade is on Axis Bank. We are recommending to go long on 820 call near Rs 14, put a stop loss of Rs 9 and this call can move towards Rs 23-24 on the higher side,” he said.