Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani, along with Manoj Murlidharan, VP-Derivatives at Religare Broking 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 Asian Paints. He recommends this with a stop loss of ₹2,999 for an upside target of ₹3,100. Shares have declined more than 3% in the last month.

He recommends a buy call on Britannia Industries, buy above ₹4,645 with a stop loss of ₹4,600 for targets ₹4,750. The stock has remained flat in the past month.

Among the buy recommendations, Thakkar has one on ONGC with a stop loss of ₹191 for a downside target of ₹199. Shares have gained more than 6% over the last month.

Thakkar’s only sell call is on IDFC First Bank with a stop loss of ₹84 for a target ₹80. The stock is down more than 8% over the last month.

From Sudarshan Sukhani

Sukhani finds a buying opportunity in Gujarat Narmada Vly Frtlzrs & Chmcl (GNFC). He advises traders to keep a stop loss of ₹685. Shares have gained more than 14% over the last month.

Sukhani's only intraday short is on IndiaMART InterMESH. For this he advises a stop loss of ₹2,616. Shares have declined more than 7% over the last month.

Ramco Cements is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹965. The stock has gained more than 6% in the last month.

Lastly, Sukhani recommends a buy on TVS Motor. He advises a stop loss of ₹1,580. Shares are up more than 6% over the last month.

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From Manoj Murlidharan

Manoj Murlidharan has a buy call on ONGC with a stop loss of ₹187 and a price target of ₹196 on the upside.

Additionally, he has a buy recommendation on Tata Steel with a stop loss of ₹116 and an upside target of ₹126. Shares are down more than 6% over the last month.

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First Published:Nov 7, 2023 9:16 AM IST