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