Top buy and sell ideas by Ashwani Gujral, Mitessh Thakkar, Prakash Gaba for short term

Prakash Gaba of prakashgaba.com recommends buying Mahindra & Mahindra with target at Rs 675 and stop loss at Rs 650, Mahanagar Gas with target at Rs 875 and stop loss at Rs 854 and Tata Chemicals with target at Rs 653 and stop loss at Rs 630.




Nifty50 reclaimed 11,900 levels on June 27 morning but failed to hold on. The index closed flat amid consolidation on account of expiry of derivative contracts.

The BSE Sensex shed 230 points from day's high to close 5.67 points lower to 39,586.41 while the Nifty 50 slipped six points to 11,841.50, forming a bearish candle resembling a Shooting Star kind of pattern on daily charts with long upper shadow and closing near to its intraday lowest point.

According to the Pivot charts, the key support level is placed at 11,804.6, followed by 11,767.7. If the index starts moving upward, key resistance levels to watch out are 11,894.8 and 11,948.1.


The Nifty Bank closed at 31,269.50, up 107.15 points on June 27. The important Pivot level, which will act as crucial support for the index, is placed at 31,122, followed by 30,974.5. On the upside, key resistance levels are placed at 31,453.8, followed by 31,638.1.

In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:

Ashwani Gujral of ashwanigujral.com

Buy Havells India with a stop loss of Rs 788, target of Rs 810

Buy Siemens with a stop loss of Rs 1280, target of Rs 1340

Buy HDFC with a stop loss of Rs 2180, target of Rs 2240

Buy IndusInd Bank with a stop loss of Rs 1430, target of Rs 1475

Buy Hindustan Unilever with a stop loss of Rs 1760, target of Rs 1810

Mitessh Thakkar of mitesshthakkar.com

Buy Lupin with a stop loss of Rs 748 and target of Rs 797

Buy Mahindra & Mahindra with a stop loss of Rs 647 and target of Rs 680

Sell Infosys with a stop loss of Rs 740 and target of Rs 712

Buy State Bank of India with a stop loss of Rs 355 and target of Rs 380

Prakash Gaba of prakashgaba.com

Buy Mahindra & Mahindra with target at Rs 675 and stop loss at Rs 650

Buy Mahanagar Gas with target at Rs 875 and stop loss at Rs 854

Buy Tata Chemicals with target at Rs 653 and stop loss at Rs 630

Buy Siemens with target at Rs 1325 and stop loss at Rs 1275


Best Share Market News, Click Here To Get More News - Share Market tips, for 2 Days Free Trial give a missed call @9644405057 and Get Share Market Services.

Comments

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

Axis Bank agrees to buy to payments wallet provider FreeCharge for $60 million

Axis Bank Declines after Reporting Tepid Q4 Results