The benchmark indices opened higher on Friday, tracking gains in Wall Street and other Asian Markets. Some of the top gainers were from the oil & gas, financial services, metal and pharmaceutical sectors, however, there was weakness in select IT stocks. A lot of companies are about to declare their quarterly results today.
Brokerage houses have given the following stock recommendations for the short term:
Redington India
- Current Price: ₹ 153.25
- Entry Price Range: ₹149.00
- Stop Loss: ₹ 149.00
- Target: ₹ 179.00
- Upside: 16.80%
- Duration: 30 days
- Rating: Buy
Recommended By: Axis Direct
CCL Products
- Current Price: ₹ 416.75
- Entry Price Range: ₹ 409.00-414.00
- Stop Loss: ₹ 405.00
- Target: ₹ 444
- Upside: 6.54%
- Duration: 5 to 15 days
- Rating: Buy
Recommended By: Axis Direct
H G Infra Engineering
- Current Price: ₹ 629.15
- Entry Price Range: ₹ 621
- Stop Loss: ₹ 585
- Target: ₹ 675
- Upside: 7.29%
- Duration: 5 to 30 days
- Rating: Buy
Recommended By: Axis Direct
Tata Motors Limited
- Current Price: ₹437.8
- Entry Price Range: ₹ 444.5
- Stop Loss: ₹ 428.5
- Target: ₹ 477
- Upside: 8.95 %
- Duration: 1 to 30 days
- Rating: Buy
Recommended By: Edelweiss
HDFC Bank Limited
- Current Price: ₹ 1386.35
- Entry Price Range: ₹ 1393.5
- Stop Loss: ₹ 1344
- Target: ₹ 1495
- Upside:7.84 %
- Duration: 1 to 30 days
- Rating: Buy
Recommended By: Edelweiss
L&T Technology Services
- Current Price: ₹ 4094.45
- Entry Price Range: ₹ 4168
- Stop Loss: ₹ 4027
- Target: ₹ 4465
- Upside: 9.05%
- Duration: 1 to 30 days
- Rating: Buy
Recommended By: Edelweiss
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
