Market experts have identified five stocks from ectors such as information technology, financial services and specialty chemicals, with analysts recommending fresh long positions along with defined stop-loss levels and upside targets.
Persistent Systems (CMP: Rs 4,587.00)
Amit Goel, CMT, SEBI-registered investment adviser and Partner & Co-Founder of BlueOak Wealth, has recommended buying stock with a stop-loss at Rs 4,350 and a target price of Rs 4,900.
Bajaj Finserv Ltd. (CMP: Rs 1,859.10)
Nilesh Jain, Head AVP – Technical & Derivatives Research (Equity Research) at Centrum Broking has recommended a buy call on Bajaj Finserv with a stop-loss of Rs 1,810 and a target of Rs 1,920.
Ather Energy Ltd. (CMP: Rs 1,140)
Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services, has suggested buying Aether Industries stock with a stop-loss at Rs 1,340 and a target price of Rs 1,430.
Coforge Ltd. (CMP: Rs 1,442)
Amit Goel has also recommended to buy Coforge with a stop-loss at Rs 1,360 and a target of Rs 1,600.
Shriram Finance Ltd. (CMP: Rs 1,066)
Ajit Mishra, SVP-Research at Religare Broking, has turned positive on Shriram Finance and recommended buying the stock at the current market price. Mishra has placed a stop-loss at Rs 1,030 while setting a target of Rs 1,140.
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