Fundamental and Technical Picks: How to trade Tata Power, BEL, Karnataka Bank, Voltas, other buzzing stocks

Dalal Street benchmarks began Wednesday's trade in the red, with the Nifty50 broadly seesawing within the 23,400-23,450 band amid losses across most sectors. While energy, financial, auto and metal counters were at the forefront of the broad sell-off, buying interest in select IT, pharma and consumer durables names lent some support to the market, helping the headline indices avoid deeper cuts.

The Nifty50 has gyrated between 74,134.5 and 78,384.7 so far this month, displaying a rangebound trend amid mixed earnings and geopolitical updates. Analysts say that with the earnings season now in its final leg, stock-specific action continues to take centre stage on Dalal Street.

Zee Business's Ansh Jogendra Bhilwar and Pooja Tripathi have identified a fresh set of stock picks spanning cash, futures, options, technical and fundamental themes.Their recommendations include stocks such as Ask Automotice, Sirayam Silk, Mankind Pharma, Adani Power and Hatsun Agro Products.

Here's a summary of their latest trading calls:

Stocks to trade in cash

Bhilwar suggests buying Nephrocare Health shares in the spot market for a target price of Rs 688 with a stop loss at Rs 630.

Tripathi recommends buying CE Infosystems shares for a target of Rs 985 with a stop loss at Rs 956.

Stocks to trade in futures

Bhilwar suggests buying NTPC futures for a target price of Rs 400 with a stop loss at Rs 383.

Tripathi recommends selling IOC futures for a target of Rs 130 with a stop loss at Rs 136.

Options trading stock picks

Bhilwar suggests buying the 1300 call option in Voltas for a target of Rs 60 with a stop loss at Rs 5.

Tripathi recommends buying the 1680 call option in Blue Star at Rs 36.65 for a target of Rs 80 with a stop loss at Rs 19.

Technical picks

Bhilwar has a 'buy' call on Bharti Airtel shares for a target of Rs 1,990 with a stop loss at Rs 1,870.

Tripathi suggests buying Karnataka Bank shares for a target price of Rs 259 with a stop loss at Rs 245.

ALSO READ: BEL share price: Should you BUY defence PSU stock after Q4 Results?

Fundamental stock picks

Bhilwar suggests buying Hindalco shares for a target of Rs 1,140 with a stop loss at Rs 1,000.

Tripathi recommends buying Tata Power shares for a six-month target price of Rs 440.

Stock investment picks

Bhilwar suggests buying Reliance Industries shares for a target of Rs 1,430 with a stop loss at Rs 1,270.

Tripathi recommends buying BEL shares for a one-year target of Rs 500.

Stocks in news

Bhilwar has a 'buy' call on Godawari Power shares for a target of Rs 300 with a stop loss at Rs 286.

Tripathi suggests buying Zydus Life shares for a target of Rs 1,200 with a stop loss at Rs 998.

Special stock picks

Ansh Jogendra Bhilwar:

• Buy Adani Power shares for a target of Rs 230 with a stop loss at Rs 214

• Buy Hatsun Agro Products shares for Rs 972 with a stop loss at Rs 931

• Buy Mankind Pharma shares for a target of Rs 2,545 with a stop loss at Rs 2,433

Pooja Tripathi:

• Buy ASK Automotive shares for a target of Rs 464 with a stop loss at Rs 450

• Buy Anthem Biosciences shares for a target of Rs 802 with a stop loss at Rs 779

• Buy Siyaram Silks shares for a target of Rs 623 with a stop loss at Rs 604