The market saw weakness on the first day of the business week. The benchmark indexes Sensex and Nifty closed down with a decline. Talking about the F&O set up, the shares of Chola Invented, Voltaz, Bajaj Finance, UPL and Divies Lab were seen long build up. While Orchakal Financial, Sri Cement, AU Small Finance Bank, Grasim and Ipka Labs saw short coverings. On the other hand, short buildups were seen in the stock of Hoodco, Siemens, Promotion Madrasan, Hindustan Aeronautics and NCC Limited. At the same time, the stock of Metropolitan Gas, HUL, Apollo Tires, NHPC and Ambuja Cement was seen long untouched. At the same time, veteran experts for earning in short term before the market closure, gave the advice to bet in the shares of L&T Tech Services, Wipro, M&M Financial and Estec LifeSians. Do you know how much target price-
Prabhudas Lilladher’s Shilpa Raut’s cheap option: L&T Tech Services
Shilpa Raut of Prabhudas Lilladher said that the stock of L&T Tech Services will earn on buying February expiry calls. He said that it should buy a 5500 strike call around Rs 175.00. In this, a target of up to Rs 210/225 will be seen in a few days. However, he also said that stoploss should be installed at the level of Rs 145 in it.
F&O Superstar Share of Somil Mehta of Mirae Asset Sharekhan: Wipro Future
Somil Mehta of Mirae Asset Sharekhan advised to shop in Wipro’s stock from the F&O segment before the market closure. He said that a target of Rs 330 can be seen in this stock. He said that it should be purchased at a level of Rs 313 with stoploss at a level of Rs 305.
Between heavy selling in the market, dealers got bumper bye in these two stocks today, know how much can both shares climb
Manasjaiswal.com’s Manas Jaiswal’s miracle shared the chart: M & M Financial
Manasjaiswal.com’s Manas Jaiswal placed bets on M&M Financial as a shares showing the miracle of the chart for today. He said that it can be purchased at the level of Rs 291. Apply stoploss at a level of Rs 284.90. This stock can go up to a level of Rs 302.
Midcap Funda Stock of Sharad Awasthi of SMIFS: AstEC Lifescienes
Sharad Awasthi of SMIFS stated the midcap fund stock and said that today the stock of ASTEC Lifescienes should be purchased at 978 levels. He said that it can be seen in a medium to long period of Rs 1300.
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