Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on the pharmaceuticals, financial, automobile and other sectors. Top picks include Bajaj Finance Ltd., Mahindra & Mahindra Ltd., Surya Roshni Ltd. and more.
Bajaj Finance Ltd. (CMP: Rs 959.75)
Shrikant Chouhan, Executive VP and Head of Equity Research at Kotak Securities, recommends buying Bajaj Finance Ltd. with a target price of Rs 978 and a stop loss at Rs 950.
Surya Roshni Ltd. (CMP: Rs 276.15)
VLA Ambala, SEBI-registered investment adviser and founder of SMT Stock Market, recommends buying Surya Roshni Ltd. in the Rs 270–275 range for a swing trade over 30 to 200 days, with targets of Rs 320, Rs 350 and Rs 450, and a stop loss at Rs 230.
Central Depository Services (India) Ltd. (CMP: Rs 1,254.60)
Jigar Shantilal Patel, Senior Manager – Equity Technical Research at Anand Rathi, recommends buying Central Depository Services Limited (CDSL) with a stop loss at Rs 1,220 and a target of Rs 1,300.
Mankind Pharma Ltd. (CMP: Rs 2,327.90)
Jigar Shantilal Patel also recommends buying Mankind Pharma Ltd. with a stop loss at Rs 2,250 and a target of Rs 2,468.
Mahindra & Mahindra Ltd. (CMP: Rs 3,220.80)
Amit Goel, CMT, SEBI-registered investment adviser and Partner & Co-Founder of Blue Oak Wealth, has identified a buying opportunity in Mahindra & Mahindra Ltd. above Rs 3,222, with a stop loss at Rs 3,081 and a target of Rs 3,362.
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