Analysts have advised investors to buy Tata Steel Ltd., Bharti Airtel Ltd., HCL Technologies Ltd., Oil and Natural Gas Corp. and Max Financial Services Ltd. among other stocks.
Shivangi Sarda, Analyst – Equity Derivatives and Technical, Motilal Oswal Financial Services, Vikas Jain, Head of Research at Reliance Securities and Brijesh Ail, Head of Technical and Derivatives, Retail Research at IDBI Capital, shared their insights with NDTV Profit.
These stocks could see potential upsides of up to 6%.
Tata Steel
Sarda recommends purchasing Tata Steel at Rs 150, with a target of Rs 155 and a stop loss of Rs 147. Over the past year, the stock has fallen 4.33%. Its relative strength index was at 62.
Bharti Airtel
Sarda recommended buying Airtel stock at Rs 1,626, with a target of Rs 1,700 and a stop loss of Rs 1,590. In the last 12 months, the stock has risen 35.61%. Its relative strength index was at 44.
HCL Tech
According to Jain, the stock is a ‘buy’ at the current level, with a target price of Rs 1,680 and a stop loss of Rs 1,520. It has fallen 3.19% in the last 12 months. The stock’s relative strength index stands at 43.
ONGC
Ail advised buying the stock at Rs 232, targeting Rs 243 with a stop loss of Rs 226.5. The stock has fallen by 16.36% in the last 12 months. The relative strength index was at 47.
Max Financial Services
Ail recommends purchasing the stock with a target of Rs 1,075 per share and a stop loss of Rs 1,008. Over the past year, the stock has risen 4.80%. Its relative strength index was at 41.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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