Eight stocks to buy and sell today — 3 February
Here's a list of buy/sell recommendations for today from analysts: Today's buy/sell recommendations come from analysts Raja Venkatraman, Ankush Bajaj and MarketSmith India.
Eight stocks to buy and sell today — 3 February
Three stocks to buy, recommended by Ankush Bajaj stocks:
Voltas is a buy opportunity at 1835 with a target price range between 1885 to 1910 and a stop loss at 1760.
The stock exceeded its important support level at 1810 with strong sensex volume indicating potential for an upward trend.
Auropharma presents a buying opportunity at 1348 with an expected target range between 1405 and 1426 and a stop loss at 1320.
The recent positive performance of the Pharma sector led me to select this stock as a strong buy candidate.
Laurus Lab should be bought at 617 with a target from 645 to 665 and stop loss set at 584.
This stock surpassed its recent peak on the charts making it a promising candidate for a bullish trade.
Stock picks by MarketSmith India:
Vishal Mega Mart Ltd: The current request value of Vishal Mega Mart Ltd stands at ₹ 115.26 with a buying window between ₹ 110- 115 and a profit target of ₹ 148 and a stop- loss order at ₹ 102 for a 2- 3 month investment period.
TAJ GVK Hotels and Resorts Ltd: TAJ GVK hotels and Resorts Ltd is priced at ₹ 377.20 in the request with a recommended buying range of ₹ 365 to ₹ 380 along with a profit target of ₹ 455 and an advised stop loss at ₹ 355 over a period of 2 to 3 months.
Stocks to trade, recommended by NeoTrader’s Raja Venkatraman:
Mahindra and Mahindra: Mahindra and Mahindra stand out as Raja venkatraman recommendations from the automotive sector because the company has demonstrated long-term durability and serves both rural and urban customers.
Bajaj Healthcare: In healthcare analysis Bajaj Healthcare charts stand out for their ability to buck the trend and maintain stability.
Jubilant Foodworks: According to Venkatraman's analysis of Jubilant Foodworks' market activity the stock demonstrated a steady recovery after dropping into the Kumo cloud because of profit booking. The current long body candles being displayed exhibit clear bullish intent.
About the analysts: Ankush Bajaj holds the Sebi registration number INH000010441 as an approved research analyst. Raja Venkatraman is co-founder, NeoTrader. MarketSmith India is a stock research platform.