The stock of Asian Paints has rallied in recent times owing to strong result in Q1FY19, we still believe there is upside as it is one of the strong play on India’s consumption theme with quality management pedigree. We believe the stock will always trade at a premium as it is a market leader with a gigantic scale achieved over the years. We expect a target of Rs. 1600 by FY19 end. … [Read more...] about Eye on RBI policy meet this week; bet on these 2 Nifty stocks for better returns
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Go long with tight stoploss at 8100, says Sukhani
Sudarshan Sukhani of s2analytics.com clearly believes market is in a 100-point range between 8100 and 8200.The Nifty is facing a strong resistance at 8200 and strong support at 8100.He is not certain whether the Nifty will break on the upside or downside but his gut feeling is it will break down because the market is not getting any support from momentum players.In this narrow trading range, traders can go long with a tight stop loss at 8100 and buy today on hopes of an upmove.Stock specific he has a buy on Wockhardt, Lupin, Ashok Leyland and Ceat. He has a sell on Bharti Airtel and Jubilant Foodworks.for more details on his stock specific ideas watch video … [Read more...] about Go long with tight stoploss at 8100, says Sukhani
