The 9 stocks below are the top picks for the day across small-, mid- and large-cap companies that offer a wide array of choices to retail as well as long-term investors.
GAIL’s attempt to close above its previous high failed as the stock closed near the low of the day on Monday at Rs 466.75. The fall was on good volume. The stock can touch Rs 445 if it breaks Rs 464.55.
It is for the third time that IDFC is attempting to cross Rs 145. If this level is crossed the stock can touch Rs 152.
Jindal Saw has been consolidating in a narrow range for over two week. The stock has not participated in the recent rally. If it breaks its support level of Rs 157.70, the stock can touch Rs 151.
Neyveli Lignite is attempting to cross it previous high of Rs 104.60. The stock has consolidated for over two weeks and is building up momentum for a push above the previous high. If it manages to cross through this level, it can reach Rs 110.
[caption id=“attachment_48004” align=“alignleft” width=“380” caption=“High volume on news of a possible hike in FDI failed to enthuse Pantaloon investor. AFP”]  [/caption]
High volume on news of a possibility of a hike in FDI failed to enthuse Pantaloon investor. The stock closed near the low of the day on Monday, despite high activity in the moments of the day. The stock can come down to Rs 310 if it manages to penetrate Monday’s low of Rs 336.95.
PTC is close to breaking through its consolidation range. If it manages to cross through the range high of Rs 85.75 the stock can reach Rs 92.
ACCwas a buy call above Rs 995.05 with a target of Rs 1,040. The stock touched a high of Rs 1,003 and closed the day at Rs 999.75. We maintain our buy call on the stock with the same target.
Orchid Chemicalswas a buy call with a target of Rs 245. The stock touched a high of Rs 239.50 and closed the day at Rs 234.60. We maintain the call and price target for the stock.
Renuka Sugarswas also a buy call with a target of Rs 80. The stock touched a high of Rs 75.50 and closed the day at Rs 74.10. We maintain the price target for the stock.
Educompwas a sell call below Rs 380 and a target of Rs 360. The stock touched a low of Rs 371.85 and closed at Rs 373.55 on Friday. We maintain our target of Rs 360 for the stock.
“Neither the author of this post nor his immediate family members has a stake/share in the above-mentioned shares/mutual funds.”
FIRSTPOST DISCLAIMER:_Firstpost_brings you information and opinions on shares, funds and other investment options based on broker reports and private equity research. Investors are, however, warned that they should NOT take any buy or sell decision based on the views expressed in our posts or what market movements. Investors should consult their own financial and share advisors before taking purchase or sale decisions._Firstpost_does not take any responsibility for any losses incurred by investors who take their cues from our posts and chat sessions.


)
)
)
)
)
)
)
)
)
