If you are looking for shares that can give good returns and who have the trust of experts, then this news is for you. Technical analysts have advised to buy some shares for short -term. It is advisable to sell 2 shares. These analysts include Preetesh Mehta, Executive Vice President of Yes Securities, Chandan Tapadia of Motilal Oswal Financial Services and Mitesh Thakkar of Earningwaves.com.
Canara Bank: Preetesh Mehta has advised to buy this stock with a target price of ₹ 145. Stop loss can be kept ₹ 105. On July 16, the stock closed at ₹ 117.00 with a gain of about 2 percent on BSE. This stock has increased by 184 percent in 3 years.
Manappuram Finance: Preetesh Mehta has advised to buy this stock with a target price of ₹ 330. Stop loss can be kept ₹ 250. The stock on BSE gained 0.33 percent to close at ₹ 270.20.
Paytm: Chandan Tapadia has advised to buy this stock with a stop loss of ₹ 990 and a target price of ₹ 1,050. Paytm’s original company One 97 Communications shares closed at ₹ 1,004.50 with a 1.5 percent gain on BSE.
Titagarh Rail Systems: Chandan Tapadia has advised to buy with a stop loss of ₹ 940 at a target price of ₹ 1000. On July 16, the stock closed over BSE by more than 1 percent to close at ₹ 954.55.
ITC: Mitesh Thakkar has advised to buy this stock with a target price of ₹ 430 and a stop loss of ₹ 417.50. The stock rose 0.54 percent to close at ₹ 424.45 on BSE.
LIC Housing Finance: Chandan Tapadia has advised to buy this stock at a target price of ₹ 660. It is advisable to keep the stop loss ₹ 615. On July 16, the stock on BSE gained 3 percent to close at ₹ 637.00.
HDFC AMC: Mitesh Thakkar has advised to buy this stock at a target price of ₹ 5400. Stop loss can be set to ₹ 5200. The stock closed at ₹ 5357.15 at ₹ 5357.15 on BSE. Its price has increased 125 percent in 2 years and 30 percent in 3 months.
India Dynamics: Thakkar has advised to sell this stock at a target price of ₹ 1750. Stop loss can be set to ₹ 1846. The stock closed at ₹ 1,801.75 with a decline of about 1 percent on BSE. In 2 years, its price has been strengthened up to 200 percent and 50 percent in 6 months.
Bharti Airtel: Thakkar also advises to sell this stock at a target price of ₹ 1865. Stop loss can be set to ₹ 1960. The stock closed at ₹ 1936.45 on BSE on 16 July. Investors are advised to make an independent evaluation of market conditions/risks before making any investment decisions.
