Markets were buoyant today due to good global cues. Realty, PSE and metal shares are the biggest gainers today. At the same time energy, FMCG, IT shares saw growth. 28 out of 30 stocks in the Sensex saw buying. 41 out of 50 Nifty stocks saw buying. 11 out of 12 Nifty Bank stocks were bought. Along with this, the Sensex closed up 490 points at 64,081, while the Nifty closed up 144 points at 19,133. In this scenario, before the market closes down, leading experts suggest betting on shares of JSW Steel, Tata Power, Havells and Bungalow Hotels.
Cheap Alternatives to Prabhudas Lilladhar for Shilpa Raut: JSW Steel
Prabhudas Lilladhar’s Shilpa Raut said JSW Steel stocks will earn on buying calls with November expiration. He said its call with a strike of Rs 750 should be bought at around Rs 11. It will see a target of Rs 15, 19 to 22 in a few days. But he also said that stoppages should be set at the level of Rs.8.
manasjaiswal.com Manas Jaiswal of F&O Superstar Share: Tata Power Future
Manas Jaiswal of manasjaiswal.com recommends buying Tata Power stocks from the F&O division before the market closes. He said, a target of Rs 252 can be seen in this stock. He said buying should be done at Rs 245 level with a stop loss of Rs 242.
Rachana Vaidya’s Miracle Chart Share: Havels by Rachanavaidya.in
Rachana Vaidya of rachanavaidya.in bets Havells as the stock to do chart miracles for today. He said that one can buy it at Rs 1275 level. Place stops at Rs 1258 level. This stock can go to Rs 1290 to Rs 1300 level.
JM Financial Services’ Ashish Chaturmohtar Midcap Fund Stocks: Chateau Hotel
Ashis Chaturmohta of JM Financial Services describes midcap fund stocks and says that Bungalow Hotel stocks should be bought today. He said, buy at Rs 570 level. If this continues in the medium to long term, the target may be 650 to 600. Stops should also be set at Rs 550.
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