Lupin not a strong stock, prefer Biocon, says Sandeep Wagle

The latest analysis and commentary by stock market gurus Sandeep Wagle of powermywealth.com, and Shahina Mukadam, an Independent Market Expert on what is moving the markets today. They also answered viewer stock queries.

Answering a viewer query on Lupin, Wagle said, ‘if the view is medium term, I would say exit on a bounce around Rs 800-820 as the stock can test even Rs 700 levels were the market to go down from current levels. So in that sense Lupin is not a strong stock. Instead of that if he wants to be in pharmaceutical, I would recommend a Biocon.’

Buy Balrampur Chini, ICICI Prudential, & Ultratech Cement, says Ashwani Gujral

Ashwani Gujral of ashwanigujral.com discusses with Mangalam Maloo and Sumaira Abidi his analysis on the technical side of the market as well as specific stocks and sectors.

Balrampur Chini is a buy with a stop of Rs 88 and target of Rs 106. ICICI Prudential is a buy with a stop of Rs 378 and target of Rs 400. Ultratech Cement is a buy with a stop of Rs 4,000 and target of Rs 4,150, Gujral said.

Sell PVR; Buy SRF, says Sandeep Wagle

The latest analysis and commentary by stock market guru Sandeep Wagle of powermywealth.com on what is moving the markets today.

Check out his top stock recommendations

  • Sell PVR with a stop loss of Rs 1,240 and target of Rs 1,180.
  • Buy SRF with a stop loss of Rs 1,925 and target of Rs 1,980.
 5 Minutes Read

Buy NTPC & Raymond, says Mitessh Thakkar

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The latest analysis and commentary by stock market guru Mitessh Thakkar of mitesshthakkar.com on what is moving the markets today. Check out his top stock recommendations.

The latest analysis and commentary by stock market guru Mitessh Thakkar of mitesshthakkar.com on what is moving the markets today. Check out his top stock recommendations.

I have two buy calls given the fact that we are closer to the support zone. NTPC is one stock which is showing good traction on the short term charts and holding on to today’s gains. That is a buy with a stop at Rs 167 and look for Rs 177 kind of a target, Thakkar said.

Raymond opened with a gap up taking support near the 200 day average yesterday. So, I will keep a stop at Rs 920, a tight one, and look at rallies to about Rs 950, Thakkar added.

We had a sell call on United Breweries. It was breaking below the key support zone of Rs 1,010-1,005. It has hit the target of Rs 960 but I do suspect eventually further lower levels to be tested over here. This does appear that a good consolidation base has been broken, so, I would look at targets in the vicinity of about Rs 900 for somebody who is trading in the positional side and now you just trail your stop loss to above Rs 1,000, Thakkar further added.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

Telecom sector is not investment worthy, says SP Tulsian

The latest analysis and commentary by stock market guru SP Tulsian of sptulsian.com on what is moving the markets today.

Talking about Telecom sector, he said, “I don’t think that this sector is really investment worthy. I am not seeing further deterioration seeing happening in case of the telecom stocks going forward, but I don’t think things will start improving because the biggest problem is the interconnect usage charges which is seen a big dampener for the existing players. That is going to come to zero maybe by 2020 which will keep continuous pressure. But that does not mean the respite will be seen for existing players though the telecom sector may stabilise per se. So, I won’t be taking buying call on any of the exiting players whether it is Bharti Airtel or whether it is Idea Cellular. ”

 

Buy Jubilant Food, IGL, & NIIT Tech, says Ashwani Gujral

The latest analysis and commentary by stock market guru Ashwani Gujral of ashwanigujral.com on what is moving the markets today.

Check out his top stock recommendations.

  • Jubilant Foodworks is a buy with a stop of Rs 2,150 and target of Rs 2,220.
  • Indraprastha Gas (IGL) is a buy with a stop of Rs 290 and target of Rs 305.
  • NIIT Technologies is a buy with a stop of Rs 938 and target of Rs 960.
 5 Minutes Read

Buy SRF & sell PVR, recommends Sandeep Wagle

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The latest analysis and commentary by stock market guru Sandeep Wagle of powermywealth.com on what is moving the markets today. Check out his top stock recommendations. Sell PVR with a stop loss of Rs 1,240; target of Rs 1,180. Buy SRF with a stop loss of Rs 1 925; target of Rs 1 980.

The latest analysis and commentary by stock market guru Sandeep Wagle of powermywealth.com on what is moving the markets today.

Check out his top stock recommendations.

Sell PVR with a stop loss of Rs 1,240; target of Rs 1,180.

Buy SRF with a stop loss of Rs 1 925; target of Rs 1 980.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

Top buzzing midcap stocks to trade today

Here are some of the top buzzing midcap stocks picked by CNBCTV18’s analysts in trade today. Keep an eye on Bharti Airtel, Ultratech Cement, Interglobe Aviation, Indiabulls Real Estate, and Sakthi Sugar.

Bharti Airtel is in focus on the back of a report by Goldman Sachs where they reiterated their buy rating on the stock.

Indiabulls Real Estate is buzzing on the back of expectations of the deal announcement with Blackstone. The deal may be announced in the next few days.

Buy Maruti Suzuki & L&T, says Yogesh Mehta

Yogesh Mehta of Motilal Oswal discusses with Prashant Nair and Ekta Batra his analysis on the F&O side of the market as well as specific stocks and sectors.

“We are recommending positional buy on Maruti Suzuki. Currently, it is trading at Rs 8,940-8,942 levels in the future segment, keeping a stop loss at Rs 8,850, target could be in the range of Rs 9,100”, Mehta said.

“Larsen and Toubro (L&T), is reluctant to go down in this fall. Currently, it is quoting at Rs 1,314 in the future segment, keeping a stop loss of Rs 1,295, target could be in the range of Rs 1,355-1,360”, he further added.