Pick of the Week With Anil Singhvi: HDFC Life, Hero Motocorp, DLF to Rallis India - these are stocks to buy
Know the 'Pick of the week' with Zee Business Managing Editor Anil Singhvi and his panel of veteran market experts. HDFC Life, Hero Motocorp, DLF to Rallis India have been dubbed as stocks to buy.
Where will be the action this week...which shares will give excellent returns? Know the 'Pick of the week' with Zee Business Managing Editor Anil Singhvi and his panel of veteran market experts. HDFC Life, Hero Motocorp, DLF to Rallis India have been dubbed as stocks to buy.
Sumeet Bagadia: For pick of the week, Insurance space should be closely monitored for this week. HDFC Life should be bought around Rs 680 to Rs 685, the charts are showing good support near levels of Rs 670. The resistance on HDFC Life stock is Rs 700, which is the first target. After crossing the levels of Rs 700, HDFC Life stock could see bigger move up to the levels of Rs 730 to Rs 740.
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Sandeep Wagle: He picks Hero MotoCorp from the Auto sector. Hero MotoCorp stock should be bought at current market price of Rs 3375. Hero MotoCorp stop loss is Rs 3330 and short term target is Rs 3400 and target of Rs 3600 for the week.
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Kunal Saraogi: SBI Card stock closed above Rs 1000 decisively. It seems strength will remain on SBI Card counter for the entire week. SBI Card stock should be bought with stop loss of Rs 995. SBI Card target price is Rs 1090 and Rs 1125.
Himashu Gupta: He picked DLF from the real estate space. DLF stock has performed extremely well last week. After a good move witnessed on DLF, the stock consolidated for 2 – 3 sessions. DLF stock can move higher from current levels this week. DLF stock should be purchased at current levels, with stop loss below Rs 260 and targets of Rs 305 – Rs 310.
Sandeep Jain: He picked Rallis India, a Tata Group company. Fundamentals of Rallis India are extremely strong and good movement is expected here ahead of the Budget. Rabi crop numbers are extremely strong and Jain said he is bullish on Agri theme.
Sandeep Jain said EIH Associated Hotels and Hawkins also look good at current levels. Valuation of Hawkins is extremely attractive at current levels.
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