In chat with Anil Singhvi, analyst Vikas Sethi recommends ITC, JSW Steel as top buys for big gains
Analyst Vikas Sethi’s first stock was a company from the FMCG segment. This company is ITC. He said that the demerger of its business as reported by Zee Business is on the cards. This stock has no risk and should be kept with long term perspective. He said that the fundamentals of ITC are "rock solid". Sethi said adding that they are available at a very reasonable valuation in comparison to its peers
NSE Nifty today ended the day in the red closing down by over 1 per cent at 14,577. In today’s edition of popular TV show ‘Sadabahaar Sethi Saab’ with Zee Business Managing Editor and Market Guru Anil Singhvi, analyst Vikas Sethi picked two more stocks for high returns, he advised to keep a long position on these stocks. He said having a short position on this stock will be risky. He picked both the stocks from the futures and options (F and O) segment.
See Zee Business Live TV Streaming Below:
Top Stocks To Buy: ITC
Analyst Vikas Sethi’s first stock was a company from the FMCG segment. This company is ITC. He said that the demerger of its business as reported by Zee Business is on the cards. This stock has no risk and should be kept with long term perspective. He said that the fundamentals of ITC are "rock solid". Sethi said adding that they are available at a very reasonable valuation in comparison to its peers.
Watch Zee Business Tweet Video Below:
सदाबहार सेठी सा'ब के शानदार शॉर्ट टर्म PICK
जानिए विकास सेठी ने आज वायदा कारोबार के किन 2 शेयरों को चुना आपके मुनाफे के लिए?@AnilSinghvi_ @vikassethi_SF pic.twitter.com/QA0feHOmMK
— Zee Business (@ZeeBusiness) March 18, 2021
The March Futures are trading around Rs 214. Even with a short term perspective, this stock is poised to achieve Rs 225 levels. He puts the stop loss at Rs 210.
Top Stocks To Buy: JSW Steel
Another stock picked by him was JSW Steel. This stock should be bought at current levels. This stock was recommended by Sethi in the morning before the markets opened. The JSW Steel stock achieved the target price of Rs 432 on the intraday basis and then corrected. The JSW Steel stock futures were trading around Rs 426 at the time of the recommendations.
The short term targets in this stock is Rs 435 and the stop loss is Rs 418.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 14, 2024): Precious metals trade in green; yellow metal above Rs 72,000 once again, white metal near Rs 85,350
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
08:24 PM IST