Traders' Diary: Buy, sell or hold strategy on BHEL, Axis Bank, Cummins India, Tata Power, Aurobindo Pharma, over a dozen other stocks today
The Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday, August 7, 2024.
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday, August 7, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
Buy Gulf Oil shares in the cash segment for a target of Rs 1,125 with a stop loss at Rs 1,070
Buy Lupin futures for a target of Rs 2,007 with a stop loss at Rs 1,900
Buy the Rs 440 call option of Tata Power for a target of Rs 21 with a stop loss at Rs 15
Technical pick: Sell BHEL futures for a target of Rs 280 with a stop loss at Rs 291
Fundamental pick: Buy Natco Pharma shares for a target of Rs 1,500 with a perspective of three months
Investment idea: Buy Jubilant Food shares for a one-year target of Rs 708
News-based pick: Buy Aurobindo Pharma shares for a target of Rs 1,450 with a stop loss at Rs 1,390
My Choice picks:
- Sell Crompton Greaves Consumer Electricls futures for a target of Rs 412 with a stop loss at Rs 422
- Sell Bank of Baroda futures for a target of Rs 234 with a stop loss at Rs 244
- Buy PI Industries shares for a target of Rs 4,370 with a stop loss at Rs 4,235
Kushal Gupta
Buy Fortis Healthcare shares in the cash segment for a target of Rs 512 with a stop loss at Rs 490
Buy Cummins India futures for a target of Rs 3,630 with a stop loss at Rs 3,500
Buy the 920 put option of JSPL at Rs 27.1 for a target of Rs 43 with a stop loss at Rs 20
Technical pick: Sell Bata futures for a target of Rs 1,440 with a stop loss at Rs 1,510
Fundamental pick: Buy ITC shares for a one-year target of Rs 580
Investment idea: Buy Zydus Life shares for a target of Rs 1,500 from a perspective of 12 months
News-based pick: Buy Chaman Lal Setia shares for a target of Rs 230 with a stop loss at Rs 220
My Choice picks:
- Buy GR Infra shares for a target of Rs 1,640 with a stop loss at Rs 1,580
- Buy Axis Bank futures for a target of Rs 1,100 with a stop loss at Rs 1,150
- Sell Indian Hotels shares for a target of Rs 580 with a stop loss at Rs 610
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