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Trading Calls: Buy Power Finance, PNB, Tata Global, Say Experts

Banking and pharma stocks were among the losers while some buying was seen in IT, FMCG and capital goods stocks.
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Trading Calls: Buy Power Finance, PNB, Tata Global, Say Experts
Indian stock markets were lacklustre in early trade with Sensex and  Nifty moving marginally higher. Banking and pharma stocks were among the losers while some buying was seen in IT, FMCG and capital goods stocks. Among the pharma stocks, Divis Labs shares slumped after USFDA issued import alert for its Vizag unit. The Sensex was up around 50 points while Nifty hovered near 9,150. Meanwhile, NDTV Profit spoke to some analysts who shared their trading strategies. 

Stock Talk
Sameet Chavan, Equity Technical Analyst at Angel Broking


Buy Wockhardt with target of Rs 800 and stop-loss of Rs 710
Buy PNB with target of Rs 155 and stop-loss of Rs 140
Buy Tata Global with target of Rs 158 and stop-loss of Rs 140

Ashish Chaturmohta, Vice President at Sanctum Wealth Mgmt Pvt Ltd

Buy Tata Elxsi  with target of Rs 1640 and stop-loss of Rs 1500
Buy Power Finance Corporation (PFC) with target of Rs 158 and stop-loss of Rs 139
Buy KEC International with target of Rs 200 and stop-loss of Rs 171
Buy Blue Star with target of Rs 700 and stop-loss of Rs 575

TS Harihar, Chief Executive & Founder of HRBV Client Solutions Private Ltd

Buy Power Finance Corporation (PFC) with target of Rs 180
Buy Sharda Cropchem Limited with target of Rs 550
Sell Idea Cellular with target price of Rs 75

Shrikant Shetty, VP, Advisory - Equities at  Motilal Oswal 

Buy Canara Bank with target of Rs 306 and stop-loss of Rs 289
Buy CEAT with target of Rs 1,400

Disclaimer: Investors are advised to make their own assessment before acting on the information.
 

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