Five Stocks To Buy: Coal India, SBI Life, Hindalco And More

Analysts give a range of buy calls across chemicals, banks, life insurance, and more.

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  • Leading analysts issued mixed buy and sell calls across sectors like chemicals and banking
  • Coal India has a buy call with targets of Rs 451 and Rs 462, stop loss at Rs 422
  • ICICI Bank recommended buy at Rs 1,410 with targets Rs 1,445-1,460 and stop loss Rs 1,380

Leading market analysts have flagged fresh high-conviction trading ideas for the near term, with a mixed bag of buy and sell calls across chemicals, banks, life insurance, and more.

Stocks in focus include ICICI Bank Ltd., SBI Life Insurance Co., and more.

Coal India

Akshay P Bhagwat, Senior VP, JM Financial, has issued a buy call on Coal India. He has set a target price of Rs 451, and then Rs 462, while placing a stop loss at Rs 422, indicating continued strength in the space.

ICICI Bank

Osho Krishan, Chief Manager- Technical and Derivative Research, Angel One has taken a constructive stance on ICICI Bank. He has recommended a buy at Rs 1,410, with a stop loss at Rs 1,380 and an upside target of Rs 1,445-1,460, pointing to near-term uptick at higher levels.

SBI Life Insurance Co

Raja Venkatraman, Co-Founder, NeoTrader, has recommended a buy on SBI Life at Rs 2,100, with a stop loss at Rs 2,078 and a target of Rs 2,140, suggesting limited downside and a favourable risk-reward ratio.

Hindalco Industries

Kunal Rambhia, Fund Manager & Trading Strategist, The Street has turned bullish on Hindalco Industries. He has advised a buy, with a stop loss at Rs 905 and a target of Rs 950, betting on improving price momentum in the stock.

Atul

Rambhia has also issued a buy call on Atul. He has set a target price of Rs 6,400, while placing a stop loss at Rs 6,100, indicating continued strength in the chemicals space.

Also Read: Trade Setup For Jan 13: Nifty 50 At Crucial Turning Point On Expiry Day

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