Stock Market News: Once again Nifty came very close to new peak. Light buying was seen in Bank Nifty. After 8 consecutive days of rally in the midcap index, there was a slight softening today. IT and government banks are putting pressure on the market today. On the other hand, light buying was seen in metal and auto stocks. To earn in such a market, Manas Jaiswal suggested a cheaper option on Apollo Tyres. While Amit Seth said F&O Super Star Stock in HDFC. Apart from this, Rajesh Satpute placed a bet on the Coromandel International. While Gaurang Shah recommends NCC Ltd. as a midcap stock. Let us know on which stocks the target price given by the experts-
Today’s Cheapest Option in Chaar Ka Chowka: Apollo Tires
Manas Jaiswal has suggested a cheap option in Apollo Tires stock. He said that in this, buying a call with a strike of 425 expiring in June can give good returns. Buy in it at Rs 6.60 level. A target of Rs 12 can be seen in this. Along with this, a stoploss should also be placed at Rs 2.90.
Amit Seth gave a buy call on HDFC. He said to buy HDFC at Rs 2715 level. In this, a target of Rs 2770 can be seen in the future. Put stoploss in it at Rs 2675.
Rajesh Satpute has asked to buy on Coromandel International. He said to buy in Coromandel International near Rs 960 levels. Targets of Rs 980 to 1000 can be seen in this. Put a stoploss at Rs 950 in this.
Midcap Fund Stock in Chaar Ka Chowka : NCC Limited
Gaurang Shah has picked NCC Limited stock from the Midcap segment. He said that NCC Limited stock should be bought around Rs 124 from a mid to long term perspective. If it persists, a target of 140 can be seen in the medium term.
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