The first day of the business week saw volatility in the market. The benchmark indexes Sensex and the Nifty closed down with a slight decline. Talking about F&O set up, Long build up was seen in the stocks of BSE, HFCL, Union Bank, Angel One and Zomato. While Short covering was seen in Manappuram Finance, RBL Bank, IRFC, Nalco and Godrej Properties. On the other hand, LTI Mindatry, Finix Mills, Dr. Reddy’s, Zaidas Life and Bata saw short buildups. At the same time, Long Unwinding was seen in the stock of Lupine, Dalmia India, Naveen Florine, Adani Energy Solutions and Bajaj Finserv. At the same time, before the market closure, the veteran experts gave the opinion to bet in the stock of Infosys, BSE, L&T and CG Power for earning in the short term. Do you know how much target price-
Cheap option of Manasjaiswal.com’s Manas Jaiswal: Infosys
Manasjaiswal.com’s Manas Jaiswal said that the stock of Infosys will earn on buying February expiry puts. He said that buy its 1800-strike put around Rs 20.30. In this, a target of up to Rs 35 will be seen in a few days. However, he also said that stoploss should be installed at the level of Rs 12 in it.
www.rajeshsatpite.com’s F&O Superstar Share of Rajesh Satpute: BSE Future
Rajesh Satpute of www.rajeshsatpite.com gave the opinion of purchasing in BSE stock from the F&O segment before the market closure. He said that a target of 5650 to 5700 rupees can be seen in this stock. He said that it should be purchased at a level of Rs 5540 with stoploss at a level of Rs 5450.
Amidst heavy ups and downs in the market, the dealers today got bumper baiing done in these two stocks, know how much both shares can climb
Arihant Capital’s Kavita Jain’s miracle shared the chart: L&T
Kavita Jain of Arihant Capital bets on L&T as a shares showing the miracle of the chart for today. He said that it can be purchased at the level of Rs 3279. Apply stoploss at a level of Rs 3250. This stock can go from 3350 to 3400 rupees.
Gaujit Financial’s Gaurang Shah’s Midcap Funda Stock: CG Power
Gaurang Shah of Geojit Financial, while stating the midcap fund, said that today CG Power stock should be purchased at 586 levels. He said that it can be seen to see a good upside target over medium to long periods.
(Disclaimer: The ideas and investment advice on Moneycontrol.com have their own personal views and opinions. Moneycontrol advises users to consult certified experts before making any investment decisions.)