Sensex, Nifty closed with a decline on the last day of the trading week. Talking about F&O set up, long build up was seen in Avenue Supermart, ONGC, Chola Invest, IGL and Oil India. Whereas short covering was seen in shares of UPL, Tata Motors, REC, APL Apollo Tubes and Vedanta. While short build up was seen in Angel One, Nalco, Zomato, Delivery and Wipro. But long unwinding was seen in Piramal Enterprises, Manappuram Finance, ITC, Oberoi Realty and Lupine. At the same time, before the market closes, for short term earning, leading experts advised to bet in the shares of SBI Card, Colgate, Tata Consumer Products and Lloyds Metals. Know who gave how much target price-
Ashish Baheti of NAV Investment’s cheapest option: SBI Card
Ashish Baheti of NAV Investment said that there will be earning on buying calls with January expiry in SBI Card stock. He said that its call with strike of 735 should be bought around Rs 18.70. In this, targets of up to Rs 26/32 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 12.
Rachanavaidya.in’s Rachna Vaidya F&O Superstar Share: Colgate Future
Rachana Vaidya of rachanavaidya.in advised to buy Colgate stock from the F&O segment before the market closes. He said that a target of Rs 2860 can be seen in this stock. He said that buying should be done at the level of Rs 2834 with stoploss at the level of Rs 2800.
Dealers made bumper buying in two stocks of insurance and banking sector today to earn quick money, know how much both the stocks will rise.
Arihant Capital’s Kavita Jain charts miracle share: Tata Consumer Products
Kavita Jain of Arihant Capital bets on Tata Consumer Products as the stock that will perform chart miracles for today. He said that one can buy it at the level of Rs 940. Put stoploss in it at the level of Rs 930. This stock can go up to the level of Rs 970.
AUM Capital’s Rajesh Aggarwal’s Midcap Fund Stock: Lloyds Metals
Describing it as a midcap funda stock, Rajesh Aggarwal of AUM Capital said that today Lloyds Metals stock should be bought at the level of Rs 1452. He said that it can see good upside target in medium to long term.
(Disclaimer: The views and investment advice expressed on Moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult certified experts before taking any investment decision.)