Bull's Eye: Axis Bank, Infosys, Titan Industries, Bajaj Auto, HDFC, Hero MotoCorp, Gitanjali, Uflex, Tulip Telecom
Have a look at analysts' views and recommendations for various stocks.
Buy Axis Bank for short term: Deepak Mohoni
Buy Axis Bank for the short term. I am not putting them up as day trades today because we have had such a large opening gap and Europe could also take a breather. So, in the afternoon we may not see the market rallying too much. It is better to go with the slightly shorter term perspective like five-six days ahead.
Buy Titan Industries; target 233: Mitesh Thacker
Buy Titan Industries that is looking very good while the broader range is from levels of 195 to about 235 within the range the stock price is now showing strength and could head towards the higher end of the range. So buy this with a price target of 233 a stop at 213.5.
Buy Bajaj Auto with target of 1720: Ashwani Gujral
After a couple of corrections towards 1550, Bajaj Auto is again looking up. So, we can buy this with a stop of about 1600 and a target of about 1720.
Buy Infosys for the short term: Deepak Mohoni
Buy Infosys for the short term. I am not putting them up as day trades today because we have had such a large opening gap and Europe could also take a breather. So, in the afternoon we may not see the market rallying too much. It is better to go with the slightly shorter term perspective like five-six days ahead.
Buy Hero MotoCorp; stop loss at 2015: Mitesh Thacker
Buy Hero MotoCorp, it has done very well some kind of follow up buying seeing on Friday after the breakout on Wednesday this one is heading towards 2120-2130, 2015 would be the trading stop loss for all kind of long positions.
Buy HDFC Bank on declines: Ashwani Gujral
HDFC Bank is the stronger bank. There is no question about it but it is a well researched bank so obviously you may not expect 100% from here but once we get past these 510-515 kind of levels which is basically the all time high on this, given the rest of the banks, once 515 is taken out you will easily looking at another 150 bucks on this.
This is the safest bank on all declines just close your eyes and buy it. Axis Bank is probably “high beta” type counter and that is below its 200 dma, way off its all time high so as a trader if you have to buy something it should be HDFC Bank.
Axis faces a lots of resistance around 1160 odd and will need to get past 1160-1170 to get back into any kind of positive framework. It is consolidating at the lower levels trying to bottom out and chances are that if Bank Nifty gets past 10,000 Axis Bank will also start to move towards 1350.
Buy Gitanjali Gems with target of 385: Ashwani Gujral
Gitanjali Gems went up and corrected. It seems to be ready for another up move. So we continue to buy this stock with a stop of about 350 and target of about 385.
Buy Tulip Telecom with target of 165: Ashwani Gujral
We can buy Tulip Telecom with a stop of about 143. It is doing a range of about 135 to about 170. So buy this stock with a stop of about 143 and a target of 165.
Uflex has deep corrections and it has large moves. It has began a move on Friday. We can buy this stock with a stop of about 156 and a target of 192.
Buy GSFC with target of 500: Ashwani Gujral
Fertilizer has come back and GSFC looks the best of the lot. So we can buy the stock with a stop of about 438 and a target of 500.
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