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Analysts bullish on Chambal Fertilisers, Cipla and ITC
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Analysts bullish on Chambal Fertilisers, Cipla and ITC
Oct 19, 2023 12:10 AM

Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani share their top stock picks for the day.

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From Mitessh Thakkar

Mitessh Thakkar's first buy call of the day is on Chambal Fertilisers and Chemicals. He recommends this with a stop loss below Rs 285 for an upside target of Rs 302. Shares have gained more than 3% in the last month.

He recommends a buy call on Cipla with a stop loss of Rs 1,178 for an upside target Rs 1,240. The stock is down more than 2% over the last month.

Among the sell recommendations, Thakkar has one on Adani Enterprises with a stop loss of Rs 2,450 for a downside target of Rs 2,300. Shares have declined more than 2% over the last month.

Bharat Forge is another sell call from Mitessh Thakkar. His recommendation comes with target of Rs 1,125 and a stop loss of Rs 1,070-1,065. The stock has declined more than 1% in the last month.

From Sudarshan Sukhani

Sukhani finds a buying opportunity in ITC. He advises traders to keep a stop loss of Rs 435. Shares have remained flat over the last month.

Sukhani's only intraday short is on Biocon. For this he advises a stop loss of Rs 252. Shares are down more than 12% over the last month.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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