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Top stock picks | Aurobindo Pharma, Godrej Properties, Marico, Cipla, TechM, IRCTC, Tata Power
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
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.
Market tech analysts, Mitessh Thakkar, Sudarshan Sukhani and F&O analyst Chandan Taparia have these recommendations for Monday’s trading session.
From Mitessh Thakkar
Mitessh Thakkar’s first buy call of the day is on Aurobindo Pharma. He recommends this with a stop loss of ₹1,115 for an upside target of ₹1,165. Shares have gained more than 3% in the last month.
He recommends a buy call on Godrej Properties with a stop loss of ₹2,595 for an upside target ₹2,720. The stock is up more than 9% over the last month.
Marico is another buy call from Mitessh Thakkar. His recommendation comes with a target of ₹530 and a stop loss of ₹510. The stock has gained more than 4% in the last month.
Among the sell recommendations, Thakkar has one on IndusInd Bank with a stop loss of ₹1,461 for a downside target of ₹1,400. Shares have declined more than 4% over the last month.
From Sudarshan Sukhani
Sukhani finds a buying opportunity in Alkem Laboratories. He advises traders to keep a stop loss of ₹4,640. Shares have remained flat over the last month.
Cipla is another buy call from Sudarshan Sukhani. Stop loss is to be placed at ₹1,346. The stock has declined more than 6% in the last month.
He also recommends buying Pidilite Industries. For this, he advises a stop loss of ₹2,835. Shares are down more than 1% over the last month.
Lastly, Sukhani recommends a buy on Tech Mahindra. He advises a stop loss of ₹1,225. Shares are up more than 4% over the last month.
From Chandan Taparia
Chandan Taparia has a buy call on IRCTC with a stop loss of ₹1,025 and a price target of ₹1,110 on the upside. The stock was up more than 9% in the past month.
He also has a buy recommendation on Samvardhana Motherson with a stop loss of ₹129 for an upside target of ₹138-140. Shares are up more than 9% over the last month.
Additionally, he recommends buying Tata Power with a stop loss of ₹430 and a target of ₹460. Shares have gained more than 7% over the last month.
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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