The market is likely to see a strong start, following strong handover from Wall Street as well as Asian markets. In fact, SGX Nifty trends indicate a gap-up opening for D-Street. Benchmark indices closed higher for the third consecutive session on Tuesday, backed by a healthy start to September quarter earnings season, rising rupee and falling oil prices. The 30-share BSE Sensex gained nearly 300 points while the Nifty50 closed 72.30 points higher at 10,584.80 and made a small bullish candle on the daily charts.
Rajesh Agarwal of AUM Capital
Buy Radico Khaitan with a stoploss of Rs 350 and target of Rs 380
Buy Century Plyboards with a stoploss of Rs 198 and target of Rs 217
Buy Graphite India with a stoploss of Rs 989 and target of Rs 1038
Buy Mahindra and Mahindra with a stoploss of Rs 762 and target of Rs 800
Buy Reliance Industries with a stoploss of Rs 1139 and target of Rs 1195
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
Mustafa Nadeem of Epic Research
Buy Torrent Power with a stoploss of Rs 240 and target of Rs 250
Buy Tata Elxsi with a stoploss of Rs 1035 and target of Rs 1060
Buy Equitas Holdings with a stoploss of Rs 128 and target of Rs 138
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