Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani of Technical Trends, along with Chandan Taparia, Derivative & Tech Analyst, Motilal Oswal Financial Svcs share their top stock picks for the day.
NSE
From
Mitessh Thakkar
Mitessh Thakkar's solitary buy recommendation is on Mahindra and Mahindra Financial Services with a stop loss of Rs 303.50 for a target of Rs 322-324. Shares have gained more than 11 percent over the last month.
He recommends a sell on JSW Steel. He recommends this with a stop loss of Rs 795 for a target of Rs 760. Shares are down in the last month.
He also recommends a sell on Godrej Properties with a stop loss of Rs 1,620 for a target Rs 1,525. The stock is up more than 2 percent over the last month.
Zydus Lifesciences is another sell call from Mitessh Thakkar. His recommendation comes with target of Rs 600 and a stop loss of Rs 637. The stock is down more than 4 percent over the last month.
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From Sudarshan Sukhani
Sukhani finds a buying opportunity in Sun Pharmaceutical Industries. He advises traders to keep a stop loss of Rs 1,130. The stock has remained flat in the last month.
SBI Cards is an intraday sell from Sudarshan Sukhani. He recommends stop loss to be placed at Rs 824. Shares are down more than 2 percent over the last month.
Lastly, Sukhani recommends a buy on Polycab India. He advises putting an appropriate stop loss on Polycab, maybe a 2 percent stop loss, and buying as a positional trade. Shares are up more than 9 percent over the last month.
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From Chandan Taparia
Chandan Taparia has a buy on Mahindra and Mahindra Financial Services with a stop loss of Rs 299 and a price target of Rs 317 on the upside.
Additionally, he also has a buy recommendation on Coal India with a stop loss of Rs 278 for an upside target of Rs 295-300. Shares are up more than 23 percent over the last month.
He also recommends a sell on SBI Cards with a stop loss of Rs 825 and a target of Rs 770.
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First Published:Sept 21, 2023 9:17 AM IST