There was weakness in the market. Nifty and Bank Nifty, Sensex closed with losses. Talking about F&O setup, long build up was seen in shares of SRF, Naveen Fluorine, Marico, Aarti Industries and Colgate. Whereas short covering was seen in shares of Zydus Life, Bajaj Auto, Tube Investments, Syngene, Atul Limited. While short build up was seen in Oil India, Kalyan Jewellers, PB Fintech, Prestige Estates and GAIL. But long unwinding was seen in HUDCO, Coforge, ONGC, Poonawala Fincorp and Polycab. At the same time, before the market closes, for short term earning, veteran experts advised to bet in the shares of Sona BLW Precision, Coforge, Dabur and Mazgaon Dock. Know who gave how much target price-
Prabhudas Lilladher’s cheapest option for Shilpa Raut: Sona BLW Preision
Shilpa Raut of Prabhudas Lilladher said that there will be earning on buying puts in Sona BLW Presion stock with January expiry. He said that its put with strike of Rs 560 should be bought around Rs 17.10. In this, targets of up to Rs 25/28/31 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 11.
Tradebulls’ Sachchitanand Uttekar’s F&O superstar shares: Coforge Future
Sachchitanand Uttekar of Tradebulls advised to sell Coforge stock from F&O segment before market close. He said that a target of Rs 9030 can be seen in this stock. He said that in this, selling should be done at the level of Rs 9318 with stoploss at the level of Rs 9410.
Technical View: Bank Nifty closed at 7 months low, know how the market mood will be on January 10
Mirae Asset Sharekhan’s Somil Mehta shares chart miracle: Dabur
Somil Mehta of Mirae Asset Sharekhan bets on Dabur as the stock that will perform chart miracles for today. He said that one can buy it at the level of Rs 521. Put stoploss at the level of Rs 511. This stock can go up to the level of Rs 535.
JM Financial’s Ashish Chaturmohta Midcap Fund Stock: Mazagon Dock
Ashish Chaturmohta of JM Financial, while describing midcap funda stock, said that today Mazagon Dock stock should be bought at the level of Rs 2206. He said that in the medium to long term, an upside target of Rs 2400 can be seen. He also advised to put a stoploss of Rs 2110 in it.
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