TVS Motor, Asian Paints, Axis Bank, GMR Infra and Apollo Hospitals are sell recommendations for today

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

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Technical analysts Mitessh Thakkar of earningwaves.com and Shrikant Chouhan, Kotak Securities share their top stock picks for the day.

From Mitessh Thakkar

Among the sell recommendations, Thakkar has one on TVS Motor Company with a stop loss of ₹1,966 for a downside target of ₹1,870. Shares have declined more than 6% over the last month.

Another sell call of the day is on Asian Paints. He recommends this with a stop loss of ₹2,830 for a target of ₹2,740. Shares have declined more than 1% in the last month.

He also recommends a sell call on Axis Bank with a stop loss of ₹1,036 for a target ₹995-990. The stock is down more than 4% over the last month.

GMR Infra is another sell call from Mitessh Thakkar. His recommendation comes with a target of ₹75 and a stop loss of ₹82.

From Shrikant Chouhan

Chouhan finds a buying opportunity in NMDC. He advises traders to keep a stop loss of ₹220 and a target of ₹250. Shares have gained more than 17% over the last month.

Chouhan’s only intraday short is on Apollo Hospitals. For this, he advises a stop loss of ₹6,100 and a target of ₹5,800. Shares have remained flat over the last month.

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