Rakesh Jhunjhunwala stocks: 5 shares in Big Bull's shareholding in the news
Rakesh Jhunjhunwala stocks: The Big Bull has made big profits during this current market rally. Big Bull's portfolio got shot in the arm with the announcement made in the Union Budget 2021. In fact, Jhunjhunwala net worth grew magnificently in last 14 trade sessions in just one stock — Escorts. Let's have a look at some Jhunjhunwala stocks.
Rakesh Jhunjhunwala Stocks: Titan share
Titan is one of the favorite shares of Rakesh Jhunjhunwala. As per December quarter holdings on BSE, Jhunjhunwala holds 5.32 per cent stake Titan. Talking about this share, Sumeet Bagadia, Executive Director, Research at Choice Broking Sumeet, says that on the daily chart, Titan has been forming a Double Top pattern, which is a sign of trend reversal. However, the breakdown will be confirmed below 1415 levels. A momentum indicator RSI (14) & Stochastic has shown negative crossover, which supports the bearish trend. The current share price of Titan is Rs 1430. Source: Reuters
Rakesh Jhunjhunwala Stocks: Tata Motors
Sumeet suggests investors should buy Tata Motors in cash at Rs 330 with stop loss of Rs 210 and target of Rs 365. Sumeet expects bullish strength in the counter till the level of 365. The current share price of Tata Motors is trading flat at Rs 312. Source: PTI
Rakesh Jhunjhunwala Stocks: Escorts
The analyst is expecting a weakness in the counter up to the level of 1300 to 1190 while upside Resistance comes at Rs 1470. The current share price of Escorts is flat at Rs 1333. Source: Reuters
Rakesh Jhunjhunwala Stocks: Indiabulls Real Estate
Rakesh Jhunjhunwala bought 50 lakh Indiabulls Real Estate shares during October to December 2020 quarter. These 50 lakh stocks are 1.10 per cent of the net Indiabulls Real Estate shares. Current price of Indiabulls Real Estate share is Rs 81. Source: PTI
Rakesh Jhunjhunwala Stocks: Lupin
Sumeet suggests that investors should buy Lupin at Rs 1075 and on dips up to 1023 with a stop loss of 980 and target of Rs 1160 – Rs 1240. Sumeet is expecting minor correction up to to the level of 1023, from where a bounce back can be seen and the stock may spurt up to 1160 to 1240 while downside support comes at Rs 980. The current share price of Lupin is Rs 1021. Source: Reuters