- Welspun Corp recommended 'buy' between Rs 927 and Rs 937 with target Rs 1,063 and stop loss Rs 874
- J&K Bank advised 'buy' at Rs 121-123, target Rs 141, and stop loss at Rs 114
- Bliss GVS Pharma 'buy' in Rs 240-250 range with targets Rs 270 and Rs 305
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on the infrastructure, banking, pharmaceutical, fertiliser, and IT sectors.
Top picks include pipe manufacturer Welspun Corp, regional lender J&K Bank, pharmaceutical player Bliss GVS, state-run fertiliser major FACT, and software solutions provider Newgen Software.
Here are the top five stock picks and trading ideas:
Welspun Corp
Sachin Janardan Sarvade, AVP of Derivatives and Retail Research at IDBI Capital Markets and Securities, sees significant upside in the infrastructure and piping sector. He recommended entering Welspun Corp in the Rs 927–937 range for a robust target of Rs 1,063. He suggested protecting the position with a stop loss placed at Rs 874.
J&K Bank
Sarvade also identified a buying opportunity in the banking space with J&K Bank. He advised traders to buy the stock between Rs 121 and Rs 123 for an upside target of Rs 141, while maintaining a strict stop loss at Rs 114.
Bliss GVS Pharma
VLA Ambala, SEBI RA & Founder of SMT Stock Market, highlighted value in the pharmaceutical space. She recommended a buy on Bliss GVS in the Rs 240–250 range. She set staggered targets of Rs 270 and Rs 305, advising traders to maintain a stop loss at Rs 220.
FACT (Fertilisers And Chemicals Travancore)
Osho Krishan, Chief Manager of Technical and Derivative Research at Angel One, sees momentum in the fertiliser segment, placing a buy call on FACT. He recommended entering the stock at Rs 810 for a target of Rs 850, protecting the trade with a stop loss at Rs 790.
Newgen Software
VLA Ambala of SMT Stock Market also identified a strong technical setup in the IT sector for Newgen Software. She suggested an entry in the Rs 455–460 range for upside targets of Rs 515 and Rs 600. The stop loss for this trade is recommended at Rs 410.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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