Consolidation was seen in the market on the second day of the trading week. Sensex Nifty closed with slight decline. Talking about F&O set up, today long build up was seen in InterGlobe Aviation, GAIL, Sona BLW Precision, HPCL and ICICI Pru. Whereas short covering was seen in shares of RBL Bank, Biocon, Hindustan Copper, Tata Chemicals, United Breweries. Whereas short build up was seen in the shares of Siemens, BSE Limited, Astral, Muthoot Finance and APL Apollo Tubes. On the other hand, long unwinding was seen in the shares of PB Fintech, Macrotech Developers, Dalmia Bharat, HUDCO and SAIL. At the same time, before the market closes, for short term earning, leading experts advised to bet in the shares of Bharat Forge, Bata, Jubilant Food and eMudra. Know who gave how much target price-
JM Financial’s Soni Patnaik’s cheapest option: Bharat Forge
Soni Patnaik of JM Financial said that there will be profit on buying calls with January expiry in Bharat Forge stock. He said that its call with strike of 1340 should be bought around Rs 35.50. In this, targets of Rs 52 to 60 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 27.
Rachanavaidya.in’s F&O Superstar Share by Rachna Vaidya: Bata
Rachana Vaidya of rachanavaidya.in advised to buy Bata stock from the F&O segment before the market closes. He said that a target of Rs 1365/1375 can be seen in this stock. He said that buying should be done at the level of Rs 1355 with stop loss at the level of Rs 1345.
Dealers made bumper buying in two stocks of auto and insurance sector today to earn quick money, know how much both the stocks will rise.
Trader & Market Expert Amit Seth’s chart miracle share: Jubilant Food
Trader & Market Expert Amit Seth bets on Jubilant Food as the stock that will perform chart miracles for today. He said that one can buy it at the level of Rs 701. Put stoploss in it at the level of Rs 690. This stock can go up to the level of Rs 720.
Marketsmithindia’s Mayuresh Joshi Midcap Funda Stock: eMudra
Marketsmithindia’s Mayuresh Joshi, calling it a midcap funda stock, said that today the stock of eMudra should be bought at the level of Rs 921. He said that it can see good upside target in medium to long term.
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