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Share Market Ideas for Day Trading and for Long Term: It's the second day of a holiday-truncated trading week on Dalal Street, with Mahashivratri on Wednesday. As market participants scout for fresh opportunities on Dalal Street, Zee Business analysts Kushal Gupta and Ashish Chaturvedi have studied more than a dozen stocks and shared their recommendations for trading and investing purposes. Read on to learn more about their stock recommendations in the cash and derivatives segments.
Ashish Chaturvedi suggests buying IDBI Bank shares in the spot market for a target price of Rs 73.5 with a stop loss at Rs 71. Kushal Gupta has a 'buy' recommendation on NTPC Green Energy shares with a target of Rs 103 and a stop loss at Rs 96.
Chatuvedi suggests selling Escorts futures for a target of Rs 2,905 with a stop loss at Rs 2,990. Gupta suggests buying Biocon futures (March) for a Rs 333 target with a stop loss at Rs 318.
Gupta suggests buying the Rs 1,320 Glenmark Pharma call option (March) at Rs 61.6 for a target of Rs 80 with a stop loss at Rs 50. Chaturvedi suggests buying the Rs 400 Apollo Tyres put option (March) for a target of Rs 6 with a stop loss at Rs 3.
Chaturvedi suggests selling Tech Mahindra futures (March) for a target of Rs 1,593 with a stop loss at Rs 1,640. Gupta suggests buying USL futures (March) for a target of Rs 1,387 with a stop loss at Rs 1,330.
Gupta suggests buying Bharti Airtel shares for a one-year target of Rs 1,900. Chaturvedi has a fundamental 'buy' call on Zomato with a one-month target of Rs 235.
Gupta recommends buying Tata Power shares for a one-year target of Rs 430. Chaturvedi suggests buying TVS Motor Company shares for a one-year target of Rs 2,800.
Chaturvedi suggests selling Presige Estates Projects shares for a target of Rs 1,170 with a stop loss at Rs 1,205. Gupta has a 'buy' call on Nestle India futures (March) for a target of Rs 2,300 with a stop loss at Rs 2,200.
Buy IndiGo futures (March) for a target of Rs 4,670 with a stop loss at Rs 4,500
Sell HCLTech futures (March) for a target of Rs 1,600 with a stop loss at Rs 1,664
Buy Texmaco Rail & Engineering shares for a target of Rs 146 with a stop loss at Rs 138
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