For Monday’s trading session, domestic stock markets are getting signals of possible recovery from GIFT NIFTY. Last week there was a huge fall in the market. However, negative triggers are still present, but seeing GIFT NIFTY trading in the green provides some relief. Market expert Anil Singhvi said President Trump’s request for help in keeping the Strait of Hormuz open is a sign of weakness on the part of the US; As a result, the market expects that the US will not prolong this conflict much longer. Iran has said that the Strait of Hormuz is closed only to adversaries, while being open to allies. This could be a positive sign for India. Moreover, crude oil prices have declined from $106 to $103 per barrel. Also, after heavy selling on Friday, markets appear to be somewhat oversold. Given this context, it will be important to keep an eye on market movements today. Against this backdrop, and for today’s trading session, find out which stocks have been picked by analysts under the ‘Traders’ Diary’ programme, along with the target prices and stop-loss levels set for each stock.
share shares
CASH
Buy UBL, Target 1778, SL 1582
FUTURES:
Buy GMR Airports, Target 93, SL 87.5
OPTIONS:
Buy Asian Paints 2200 Put, Target 100, SL 40
TECHNO:
Buy Muthoot Finance, Target 3730, SL 3133
FUNDA
Buy Waaree Energies, Target 2955, SL 2620
INVEST:
Buy Oil India, target 523, SL 447
NEWS:
Buy VA Tech Wabag, Target 1275, SL 1205
MY CHOICE:
Sell Interglobe Aviation Futures, Target 4055, SL 4206
Buy ONGC, target 272, SL 260
Buy Tata Consumer, Target 1150, SL 1051
MY BEST:
VA Tech Wabag
Pooja’s shares
CASH
Buy BAJEL PROJECT, Target 145, SL 137
future
Buy HINDALCO, Target 928, SL 900
options
Buy BPCL PUT OPTION 320 @ 10.9, Target 20, SL 5
TECHNO
Buy Adani Power, Target 150, SL 145
FUNDA
Buy HAL, Target 4150, Duration 6 Months
INVEST
Buy TATA POWER, Target 430, Period 6-12 Months
NEWS
Buy RAILTEL, Target 285, SL 275
MY CHOICE
Sell HPCL, Target 360, SL 372
Buy DATA PATTERNS, Target 3280, SL 3183
BUY BRAINBEES, TARGET 230, SL 220
MY BEST PICK
Buy TATA POWER, Target 430, Period 6-12 Months