Brokerage firms and market analysts issued fresh trading ideas for today’s session with opportunities across banking, mineral, and energy counters. Most experts expect continued momentum in large-cap and mid-cap stocks. Here are the key intraday and short-term picks recommended by top analysts.
Gujarat Mineral Development Corp (GMDC) (CMP: Rs 613.90)
Gujarat Mineral Development Corp. (GMDC) is seen as a strong stock by three analysts Nilesh Jain, Head AVP- Technical & Derivatives Research, (Equity Research), Centrum Broking Ltd recommends ‘buy’ for a target price of Rs 645 and a stop loss at Rs 598. Osho Krishan, Chief Manager – Technical and Derivative Research, Angel One also suggests to buy this stock at a target price of Rs 646 and a stop loss at 590. The third analyst who suggests a ‘buy’ at a price range of Rs 609-615 for GMDC is Sachin Janardan Sarvade, AVP Derivatives, Retail Research, IDBI Capital Markets and Securities Limited who set a target price at 690 with a stop loss at Rs 579
Voltas Ltd (CMP: Rs 1,425.80)
Nilesh Jain has also recommended buying Voltas Ltd, setting a target price of Rs 1,480 and a stop loss at Rs 1,380.
NTPC Ltd (CMP: Rs 366.80)
Rajesh Bhosale, Equity Technical and Derivative Analyst, Angel One, has recommended buying NTPC Ltd. setting a target price of Rs 384 with a stop loss at Rs 357.
Chennai Petroleum Corporation Ltd (CMP: Rs 880.35)
Kunal Rambhia, Fund Manager & Trading Strategist, The Street recommends a ‘buy’ on Chennai Petroleum Corporation Ltd, with a target of Rs 935 and a stop loss at Rs 865.
Buy Karur Vysya Bank Ltd. (Rs 317.00)
Along with GMDC, Sachin Janardan Sarvade also suggested buying karur Vysya Bank Ltd. placing a stop loss at Rs 294 and a target price of Rs 365.
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Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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