Stock Recommendations for Short Term
Buy and Sell ideas recommended by experts are provided below. In an interview to CNBC-TV18, Top Market Experts suggested the best stocks for traders and they feel the following stocks could generate good returns.
Indian stock markets NSE and BSE continued its positive momentum for the third consecutive session. Both equity indices surged 0.5% each on August 27, on the back of optimistic global cues, domestic cues and RBI’s decision to transfer Rs 1.76 Lakh Crore to the government boost sentiment.
Nifty 50 climbed 57.60 points or 0.52%, closed the day at 11115.50. While BSE Sensex moved upward 185.52 points or 0.49%. Nifty Bank rose 182.95 points or 0.65% and closed the day at 28134.25. NSE stocks 1566 advanced and 611 declined. Nifty Midcap 100 surged 133.30 points or 0.85% and closed at 15730.20.
Nifty Gainers were Tata Motors, Britannia, Tata Steel, Yes Bank, Eicher Motors and NTPC. While the Nifty Losers were Indiabulls Hsg Fin, Bharati Airtel, Tech Mahindra, Infosys, Grasim, and TCS.
ACC is a buy call with a target price of Rs 1600 and a stop loss is at Rs 1500
Indraprastha Gas is a buy call with a target price of Rs 350 and a stop loss is at Rs 320
United Spirits is a buy call with a target price of Rs 640 and a stop loss is at Rs 580
Sun Pharma is a sell call with a target price of Rs 409 and a stop loss is at Rs 423
Berger Paints is a buy call with a target price of Rs 380 and a stop loss is at Rs 362
Petronet LNG is a buy call with a target price of Rs 275 and a stop loss is at Rs 251
Castrol India is a buy call with a target price of Rs 136 and a stop loss is at Rs 124
HDFC AMC is a buy call with a target price of Rs 2480 and a stop loss is at Rs 2350
Ashok Leyland is a buy call with a target price of Rs 72 and a stop loss is at Rs 64
Hindustan Zinc is a buy call with a target price of Rs 222 and a stop loss is at Rs 206
Mahanagar Gas is a buy call with a target price of Rs 900 and a stop loss is at Rs 840
Mindtree is a sell call with a target price of Rs 650 and a stop loss is at Rs 700
Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.