Mitesh Karva, research analyst at brokerage firm Bonanza Portfolio, suggested buying shares of Avenue Supermarts, owner of the DMart brand retail chain, between Rs 3,756 and Rs 3,761. From here, it is concluded that the stock price can advance to the level of Rs 3,900 in the short term. He also clarified that the buyers of Avenue Supermarts should set a stop loss at Rs 3,680.
Maruti Suzuki
Mitesh Karva, research analyst at Bonanza Portfolio, suggested buying shares of the country’s largest passenger car maker Maruti Suzuki if they stay between Rs 10,320 and Rs 10,331 levels. From here, it is assumed that the price of the stock will rise to Rs 11,400 soon. He also indicated that buyers of Maruti Suzuki shares should put a stop loss at Rs 9,500.
Wipro
Rupak Dey, Senior Technical Analyst, LKP Securities, said shares of Wipro, one of the country’s largest IT companies, can be bought from the Rs 416 level. From here, it is concluded that the stock can advance to the level of Rs 450/470 in the short term. He also clarified that buyers of Wipro shares should set a stop loss at Rs 400.
ICICI Bank
Srikanth Chauhan of Kotak Securities, Equity Research (Retail) has suggested buying shares of ICICI Bank, the country’s second largest private banking firm, from Rs 967. From here, the share price is expected to rise to Rs 1,035 soon. He also indicated that buyers of ICICI Bank shares should place a stop loss at Rs 930.
Eicher Motors
Srikanth Chauhan, Equity Research Analyst (Retail), Kotak Securities, suggested buying shares of Eicher Motors, one of the leading auto makers, from the Rs 3,402 level. From here, it is concluded that the stock can advance to the level of Rs 3,650 in the short term. He also clarified that buyers of Eicher Motors shares should set a stop loss at Rs 3,280.
LTI Mindtree
Srikanth Chauhan, Equity Research (Retail), Kotak Securities, suggested buying shares of LTI Mindtree, one of the country’s largest IT companies, from Rs 5,300. From here, the price of the stock is expected to rise to Rs 5,660 soon. He also indicated that buyers of LTI Mindtree shares should put a stop loss at Rs 5,110.
(Notice: The opinion and recommendation regarding the stock are given by the brokerage firms on their own basis. Times Internet is not responsible for this. You can seek the services of SEBI approved financial experts before investing.)
