Fundamental and Technical Stock Picks: Vedanta, IndiGo, Asian Paints, IRB Infra, Bharti Airtel, BEL and others

Fundamental and Technical Stock Picks: After losing close to 1.5 per cent each in the four sessions last week, domestic equity benchmarks are set for a new trading week on Dalal Street. Last week, the Sensex ended 1,097 points while the Nifty50 gave up at 24,450.5 and the Nifty Bank lost a whopping 1,272.6 points (2.2 per cent). The Middle East-fuelled sell-off snatched away Rs 18.8 lakh crore of wealth from investors, according to provisional exchange data. With Dalal Street participants preparing their playbooks for the new trading week. Zee Business analysts Ansh Jogendra Bhilwar and Pooja Tripathi have studied more than a dozen stocks and prepared a list of picks across cash, derivative, short-term (day trading and positional) and long-term (investment) themes.

On their radar are stocks like Vedanta, InterGlobe Aviation (IndiGo), Asian Paints, IRB Infra, Bharti Airtel and Bharat Electronics Ltd (BEL).

Stocks to trade in cash | Max Estates, SML Mahindra

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Bhilwar suggests buying SML Mahindra shares in the spot market for a target price of Rs 5,000 with a stop loss at Rs 3,800

Tripathi suggests buying Max Estates shares for a target of Rs 400 with a stop loss at Rs 387.

Stocks to trade in futures | IndiGo, HPCL

Bhilwar suggests selling IndiGo futures for a target of Rs 4,175 with a stop loss at Rs 4,522.

Tripathi suggest selling HPCL futures for a target of Rs 392 with a stop loss at Rs 408.

Options trading stock picks | ONGC, UltraTech Cement

Bhilwar recommends buying the 300 call option in ONGC for a target price of Rs 7 with a stop loss at Re 1.

Tripathi suggests traders pick the 12,000 put option in UltraTech at Rs 299 for a target of Rs 500 with a stop loss at Rs 200.

Technical 'sell' picks | Ambuja Cements, Dabur

Bhilwar suggests selling Dabur shares for a target of Rs 465 with a stop loss at Rs 486.

Tripathi suggests selling Ambuja Cements shares for a target of Rs 450 with a stop loss at Rs 470.

Fundamental stock picks | IRB Infrastructure Developers, BEL

Bhilwar recommends buying IRB Infrastructure Developers shares for a target of Rs 44 with a stop loss at Rs 39.

Tripathi suggests buying BEL shares for a 12-month target of Rs 520.

Stock investment picks | OIL India, Bharti Airtel

Bhilwar suggests buying OIL India shares for a target of Rs 540 with a stop loss at Rs 460.

Tripathi recommends buying Bharti Airtel shares for a 12-month target of Rs 2,070.

Stocks making headlines | Asian Paints, AU Small Finance Bank

Bhilwar recommends selling Asian Paints shares for a target of Rs 2,180 with a stop loss at Rs 2,338.

Tripathi suggests buying AU SFB shares for a target of Rs 985 with a stop loss at Rs 954.

Special stock picks

Ansh Jogendra Bhilwar:

• Sell Bajaj Auto shares for a target of Rs 9,500 with a stop loss at Rs 9,930

• Sell HDFC Bank shares for a target of Rs 833 with a stop loss at Rs 873

• Sell Biocon shares for a target of Rs 382 with a stop loss at Rs 395

Pooja Tripathi:

• Sell SAIL shares for a target of Rs 149 with a stop loss at Rs 155

• Sell Vedanta shares for a target of Rs 706 with a stop loss at Rs 728

• Sell BPCL shares for a target of Rs 342 with a stop loss at Rs 355