Which stocks to buy? Granules India, IDFC, Bajaj Auto and other shares analysts recommend
Stocks to buy today: In conversation with Zee Business, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga share their top recommendations for the April 5 session.
Stocks such as Granules India, IDFC, Bajaj Auto and Mahindra CIE among others are on their 'buy' list for today.
Here's Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga recommend for the April 5 session in this instalment of the special 'Pick of the Day' segment on Zee Business:
Granules India shares
Buy Granules India shares | Target: Rs 311 | Stop loss: Rs 287 Rakesh Bansal of Rakesh Bansal Ventures is bullish on Granules India amid good technical structure on the chart and good momentum in overall pharma stocks. He said there was a breakdown in stock last week and it has crossed all lower levels, expecting the stock may rise, going forward. Image Source: Pixabay
IDFC shares
Buy IDFC shares | Target: Rs 83/84| Stop loss: Rs 78 Zee Business panelist and market expert Kunal Saraogi is upbeat on IDFC shares. He believes the stock is establishing a splendid structure of Ascending pattern and may show an up move, hence advises to buy the stock at lower levels. Image Source: Pixabay
Bajaj Auto shares
Buy Bajaj Auto shares | Target: Rs 4070/4120 | Stop loss: Rs 3920 With support at Rs 3920, Bajaj Auto share price may grow further amid an extended rally, Choice Broking Executive Director Sumeet Bagadia said in his view, he added that the stock has breached its recent highs and it's strong technically and eventually may show Rs 100-150 upside. Similarly, another market expert Himanshu Gupta is also of the view that Bajaj Auto established an inverted head and shoulder breakout on Monday. Image Source: Pixabay
Mahindra CIE Automotive shares
Buy Mahindra CIE Automotive shares | Target: Rs 476 Mahindra CIE Automotive is a joint venture between Mahindra & Mahindra and CIE – a Spain-based auto component company. According to the market expert, Ambareesh Baliga soon the company’s name will be changed to CIE Automotive India as M&M exiting the JV. Mahindra CIE has a diversified customer base and has plants across India and Europe, it manufactures forgings and other auto components, wherein 55 per cent company’s revenue is from India and the balance of revenue from Europe. Image Source: Pixabay Catch the latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com. (Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)