Analysts have advised investors to buy CESC Ltd., Tata Steel Ltd., Cholamandalam Investment and Fin Co., Max Financial Services Ltd. and Alkyl Amines Chemicals Ltd. among other stocks.
Nilesh Jain, Head VP-Technical & Derivatives Research (Equity Research), Centrum Broking Ltd., Akshay P Bhagwat, Senior VP, JM Financial, Ravi Singh, SVP Retail Research, Religare Broking and Kunal Rambhia, Founder, The Street, shared their insights with NDTV Profit.
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These stocks could see potential upsides of up to 12%.
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CESC
Jain recommends purchasing CESC at Rs 137, with a target of Rs 144 and a stop loss of Rs 133.5. Over the past year, the stock has risen 6.77%. Its relative strength index was at 53.
Tata Steel
Bhagwat recommended buying Tata Steel stock at Rs 132, with a target of Rs 141 and a stop loss of Rs 127. In the last 12 months, the stock has fallen 8.24%. Its relative strength index was at 56.02.
Cholamandalam Investment
According to Singh, the stock is a 'buy' at the current level, with a target price of Rs 1,500 and a stop loss of Rs 1,430. It has risen 38.47% in the last 12 months. The stock's relative strength index stands at 69.85.
Max Financial Services
Singh advised buying the stock at Rs 1,000, targeting Rs 1,050 with a stop loss of Rs 975. The stock has risen by 2.53% in the last 12 months. The relative strength index was at 50.
Alkyl Amines
Rambhia recommends purchasing the stock with a target of Rs 1,850 per share and a stop loss of Rs 1,600. Over the past year, the stock has fallen 25.98%. Its relative strength index was at 68.
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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