Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani, Technical Trends, along with Rajesh Palviya of Axis Securities share their top stock picks for the day.
NSE
From Mitessh Thakkar
Mitessh Thakkar's first buy call of the day is on Ambuja Cements. He recommends this with a stop loss below ₹425 for an upside target of ₹446. Shares have gained more than 2% in the last month.
He recommends a buy call on Coal India with a stop loss of ₹336 for an upside target ₹355. The stock is up more than 8% over the last month.
Hindustan Copper is another buy call from Mitessh Thakkar. His recommendation comes with target of ₹175 and a stop loss of ₹165. The stock has gained more than 17% in the last month.
Thakkar also has one buy call on Container Corporation of India with a stop loss of ₹751 for a target of ₹795. Shares have gained more than 11% over the last month.
From Sudarshan Sukhani
Sukhani finds a buying opportunity in JK Cement. He advises traders to keep a stop loss of ₹3,520. The stock has gained more than 16% in the last month.
Sukhani's only intraday short is on SBI Cards. For this he advises a stop loss of ₹745. Shares are down more than 2% over the last month.
Tata Steel is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹125. The stock has gained more than 6% in the last month.
Lastly, Sukhani recommends a buy on Titan. He advises a stop loss of ₹3,395. Shares are up more than 10% over the last month.
From Rajesh Palviya
Palviya has a buy call on NMDC with a stop loss of ₹176 and a price target of ₹195-200 on the upside. The stock was up more than 16% in the past month.
Additionally, he also has a buy recommendation on Tata Motors with a stop loss of ₹685 and for an upside target of ₹730-740. Shares are up more than 11% over the last month.
He also recommends buying BPCL with a stop loss of ₹416 and a target of ₹445-450. The stock was up more than 21% in the past month.
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First Published:Nov 29, 2023 9:09 AM IST