Fundamental and Technical Stock Picks: Wipro, L&T, HAL, other buzzing stocks on analysts' watchlist

Dalal Street benchmark Nifty 50 has rallied for three trading sessions in a row tracking global cues amid optimism around a peace deal between Iran and the US. The 50-blue-chip index has gained more than 825 points -- or 3.6 per cent -- during this period, having broadly gyrated in the 23,050-24,000 band for the month so far.

Zee Business's Ansh Jogendra Bhilwar and Pooja Tripathi have studied more than a dozen stocks for Wednesday's trade. Both have prepared a list of picks across cash, derivatives, short-term (day trading and positional) and long-term (investment) themes. On their radar are stocks like Dr Reddy's Laboratories, Polycab India, Tata Consumer Products and Godrej Consumer Products.

Let's take a look at these stock recommendations in detail:

Stocks to trade in cash

Bhilwar suggests buying Berger Paints shares in the cash segment for a target price of Rs 536 with a stop loss at Rs 498.

Tripathi has a 'buy' call on CEAT shares in the spot market for a target of Rs 3,492 with a stop loss at Rs 3,390.

Stocks to trade in futures

Bhilwar suggests buying Sun Pharma futures for a target price of Rs 1,851 with a stop loss at Rs 1,776.

Tripathi recommends buying Asian Paints futures for a target of Rs 2,810 with a stop loss at Rs 2,710.

Options trading stock picks

Bhilwar suggests buying the 1050 call option in Godrej Consumer Products for a target of Rs 25 with a stop loss at Rs 7.

Tripathi recommends buying the 4850 call option in IndiGo at Rs 80.4 for a target of Rs 190 with a stop loss at Rs 30.

Technical stock picks

Bhilwar has a 'buy' call on Tata Consumer Products shares for a target price of Rs 1,200 with a stop loss at Rs 1,097.

Tripathi suggests buying HAL shares for a target of Rs 4,340 with a stop loss at Rs 4,212.

Fundamental stock picks

Bhilwar suggests buying Coforge shares for a target of Rs 1,670 with a stop loss at Rs 1,362.

Tripathi suggests buying AU Small Finance Bank shares for a six-month target of Rs 1,060.

Investment picks

Bhilwar suggests buying Wipro shares for a target of Rs 204 with a stop loss at Rs 172.

Tripathi recommends buying Polycab shares for a target of Rs 10,000 over a period of six to 12 months.

Stocks making headlines

Bhilwar has a 'buy' call on Navin Fluorine shares for a target of Rs 7,525 with a stop loss at Rs 7,217.

Tripathi suggests buying Dr Reddy's Labs shares for a target of Rs 1,305 with a stop loss at Rs 1,263.

Special stock picks

Ansh Jogendra Bhilwar:

• Buy Apollo Tyres shares for a target price of Rs 428 with a stop loss at Rs 408
• Buy LG Electronics shares for a target of Rs 1,633 with a stop loss at Rs 1,541
• Buy Pine Labs shares for a target of Rs 160 with a stop loss at Rs 145

Pooja Tripathi:

• Buy the Kajaria Ceramics stock for a target of Rs 1,170 with a stop loss at Rs 1,127
• Buy Crompton Consumer shares for a target of Rs 270 with a stop loss at Rs 260
• Buy L&T shares for a target of Rs 4,269 with a stop loss at Rs 4,144