Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani, along with Chandan Taparia, Derivative and Technical Analyst at Motilal Oswal Financial Services share their top stock picks for the day.
NSE
From Mitessh Thakkar
Mitessh Thakkar's first buy call of the day is on Polycab India. He recommends the stock with a stop loss below Rs 5,300 for an upside target of Rs 5,500. Shares have gained more than 4 percent in the last month.
He recommends a buy call on RBL Bank with a stop loss of Rs 240 for an upside target Rs 255. The stock is up more than 6 percent over the last month.
Britannia Industries is another buy call from Mitessh Thakkar. His recommendation comes with target of Rs 4,700 and a stop loss of Rs 4,590. The stock has gained more than 2 percent in the last month.
His solitary sell recommendation is on Hindustan Aeronautics Ltd (HAL) with a stop loss of Rs 3,860 for a downside target of Rs 3,725. Shares have declined more than 50 percent over the last month.
From Sudarshan Sukhani
Sukhani finds a buying opportunity in Polycab India. He advises traders to keep a stop loss of Rs 5,100.
Sukhani's only intraday short is on Indraprastha Gas Ltd (IGL). For this he advises a stop loss of Rs 458. Shares are up more than 1 percent over the last month.
LIC Housing Finance is another buy call from Sudarshan Sukhani. Stop loss is to be placed at Rs 455. The stock has gained more than 11 percent in the last month.
From Chandan Taparia
Chandan Taparia has a buy call on Polycab India with a stop loss of Rs 5,250 and a price target of Rs 5,600 on the upside.
Additionally, he also has a buy recommendation on Escorts Kubota with a stop loss of Rs 3,245 and for an upside target of Rs 3,425. Shares are up more than 8 percent over the last month.
Lastly, he recommends buy Bharti Airtel with a stop loss of Rs 900 and a target of Rs 960. The stock has gained more than 6 percent in 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.
First Published:Sept 28, 2023 9:39 AM IST