Leading market analysts have flagged fresh high-conviction trading ideas for the near term, with a mixed bag of buy and sell calls across IT stocks, banking counters, defence stocks, and more.
Stocks in focus include IDFC First Bank, Tech Mahindra and more.
Paytm
Rajesh Bhosale, Equity Technical and Derivative Analyst, Angel One has issued a buy call on One 97 Communications at Rs 1,342. He has set a target price of Rs 1,410, while placing a stop loss at Rs 1,300, indicating continued strength in the space.
IDFC First Bank
Bhosale also has taken a constructive stance on IDFC First Bank. He has recommended a buy at Rs 83.5, with a stop loss at Rs 81 and an upside target of Rs 88, pointing to near-term uptick at higher levels.
Bharat Electronics
Shrikant Chauhan, Senior Vice President, Kotak Securities also has recommended a buy on Bharat Electronics, with a stop loss at Rs 404 and a target of Rs 425, suggesting limited downside and a favourable risk-reward ratio.
Tech Mahindra
Ajit Mishra, SVP-Research, Religare Broking has turned bullish on Tech Mahindra. He has advised a buy at Rs 1,671, with a stop loss at Rs 1,625 and a target of Rs 1,780, betting on improving price momentum in the stock.
UPL
Raja Venkatraman, Co-Founder, NeoTrader has issued a buy call on UPL at Rs 790. He has set a target price of Rs 810, while placing a stop loss at Rs 780, indicating continued strength in the space.
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