There was volatility in the market. But Nifty recovered from the lower levels and closed with a slight decline. Talking about F&O set up, long build up was seen in shares of Oil India, ONGC, L&T Finance, Berger Paints and GAIL. Whereas short covering was seen in shares of LTI Mindtree, Supreme Industries, Tube Investments, Maruti Suzuki and Adani Total Gas. While short build up was seen in Paytm, Dixon Technologies, Lupine, Apollo Hospitals and Angel One. But long unwinding was seen in Dr Lal Path Labs, Biocon, Godrej Properties, Ipca Labs and UltraTech Cement. At the same time, before the market closes, for short term earning, veteran experts advised to bet in the shares of LTI Mindtree, Bajaj Finserv, Maruti Suzuki and Torrent Power. Know who gave how much target price-
Manas Jaiswal of manasjaiswal.com’s cheapest option: LTI Mindtree
Manas Jaiswal of manasjaiswal.com said that there will be earnings on buying calls with January expiry in LTI Mindtree stock. He said that its call with strike of 5900 should be bought at around Rs 177. In this, targets of up to Rs 250 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 139.
Rajesh Satpute of www.rajeshsatpute.com’s F&O Superstar Share: Bajaj Finserv Future
Rajesh Satpute of www.rajeshsatpute.com advised to buy Bajaj Finserv stock from the F&O segment before the market closes. He said that a target of Rs 1760 can be seen in this stock. He said that buying should be done at the level of Rs 1709 with stoploss at the level of Rs 1685.
Motilal Oswal’s Chandan Tapadia’s chart miracle share: Maruti Suzuki
Motilal Oswal’s Chandan Tapadia bets on Maruti Suzuki as the stock to perform chart miracle for today. He said that one can buy it at the level of Rs 11849. In this, put stoploss at the level of Rs 11650. This stock can go up to the level of Rs 12200.
Dealers made bumper buying in two stocks of IT and Oil & Gas sector today for quick earning, know how much both the stocks will rise.
Geojit Financial’s Gaurang Shah’s Midcap Funda Stock: Torrent Power
Gaurang Shah of Geojit Financial, calling it a midcap funda stock, said that today Torrent Power stock should be bought at the level of Rs 1440. He said that in the medium to long term, an upside target of Rs 1710 can be seen.
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