Ambuja Cements, Hindalco, ACC, Torrent Pharma, Dr Lal Pathlabs, HAL, CONCOR are today’s top picks

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

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Technical analysts Mitessh Thakkar of earningwaves.com and Sudarshan Sukhani, along with Chandan Taparia, Derivative and Technical Analyst at Motilal Oswal Financial Services share their top stock picks for the day.

From Mitessh Thakkar

Mitessh Thakkar’s first buy call of the day is on Ambuja Cements. He recommends this with a stop loss of ₹634 for an upside target of ₹670. Shares have gained more than 8% in the last month.

He recommends a buy call on Hindalco with a stop loss of ₹620 for an upside target ₹670. The stock is up more than 12% over the last month.

Among the sell recommendations, Thakkar has one on Adani Enterprises with a stop loss of ₹3,085 for a downside target of ₹2,950. Shares have declined more than 2% over the last month.

Bosch is another sell call from Mitessh Thakkar. His recommendation comes with a target of ₹29,150 and a stop loss of ₹28,200. The stock has declined more than 5% in the last month.

From Sudarshan Sukhani

Sukhani finds a buying opportunity in ACC. He advises traders to keep a stop loss of ₹2,370. Shares have gained more than 4% over the last month.

Sukhani’s only intraday short is on Bajaj Auto. For this, he advises a stop loss of ₹9,200. Shares are down more than 3% over the last month.

Torrent Pharmaceuticals is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹2,540. The stock has gained more than 4% in the last month.

Lastly, Sukhani recommends a buy on Dr Lal Pathlabs. He advises a stop loss of ₹2,160. Shares are up more than 2% over the last month.

From Chandan Taparia

Chandan Taparia has a buy call on Hindalco with a stop loss of ₹622 and a price target of ₹658 on the upside.

He also has a buy recommendation on HAL with a stop loss of ₹3,860 for an upside target of ₹4,120. Shares are up more than 20% over the last month.

Additionally, he also recommends buying CONCOR with a stop loss of ₹950 and a target of ₹1,010-1,020. The stock was up more than 12% in the past month.

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