Stocks to BUY (Top Shares to Buy): HUDCO, Tata Steel, Asian Paints, NTPC Green, BPCL… 14 stocks which are money losers in short time! – market

How will Nifty move?

Rupak Dey, Senior Technical Analyst, LKP Securities, told ET NOW Swadesh that Nifty is consolidating in the range of 25,700 to 26,200. A channel formation is visible on the charts and no major move is expected in the coming time. This is a very common pattern at the end of every year.

He said that on an immediate basis the market trend has become weak. It has retraced more than 50 percent of its previous gain. Market experts said that on the downside Nifty has support at 25,900, while on the upside the level of 26,000 can act as immediate resistance.

BPCL share price target

Nilesh Jain of Centrum Broking has advised to buy shares of BPCL. He said that BPCL is showing a morning star pattern on the charts. We can expect good buying in BPCL at the current level. BPCL shares can go up to Rs 384 in short term. Keep stop loss at Rs 365.

tata steel share price target

Rajesh Bhosale of Angel One said that Tata Steel also looks strong. During Monday’s trading session, Tata Steel stock has given a breakout from the flag pattern. Experts recommend buying Tata Steel with a target price of Rs 181 in the near term. Keep stop loss at Rs 168.

hudco share price target

While giving his views on HUDCO shares, Nilesh Jain said that we are seeing a very good rebound in the stock for the last four-five days. There is a very good breakout from price and volume inside the counter. Keeping in mind the target of Rs 235 on the upper level, we can go long on the stock at the current level. Stop loss will have to be kept at 222.

tata consumer share price target

Rajesh Bhosale of Angel One has advised to buy shares of Tata Consumer Products for short term. He said that after weeks of consolidation, Tata Consumer shares have given a breakout on the monthly timeframe. The current uptrend will take Tata stock to a target price of Rs 1,20 in the near term. Keep stop loss at Rs 1,170.

Godrej Consumer Share Price Target

Market analyst Nimesh Thakar has advised to buy shares of Godrej Consumer. The stock has given a breakout from consolidation on the upside. The current momentum will continue and has the potential to take the counter to Rs 1,290. Keep stop loss at Rs 1,245.

titan share price target

Nimesh Thakar has advised to buy shares of Titan. He said that Titan’s chart structure looks very good. Titan made a new all-time high today. The way gold and silver prices are rising, companies like Titan will also do well and margins will improve further. Buy Titan shares for target price of Rs 4,200. Maintain stop loss at Rs 3,920.

ICICI Bank Share

Rajesh Bhosale said that ICICI Bank is continuously trading below 200-DMA. The outlook will remain cautious as long as it trades below 200-DMA which is around Rs 1,400. He said that ICICI Bank may remain in consolidation for now. On the downside, Rs 1,300 is a good level to buy where there is a bullish gap.

ICICI Bank needs to cross Rs 1,400 mark to resume upside momentum.

National Fertilizers share price target

Rajesh Bhosale said that National Fertilizers is in good momentum but it is continuously getting rejection from 200-DMA level. National Fertilizers can be bought above Rs 92. He said that if National Fertilizers remains above Rs 92, we can expect the counter to move towards the target price of Rs 100. Keep stop loss at Rs 88.

Coromandel International share price target

Rajesh Bhosale has advised conditional buy on Coromandel International. He suggests buying Coromandel International above Rs 2,400. He said Rs 2,400 to Rs 2,420 is a resistance zone. Once the stock crosses this zone, a breakout of the cup and handle pattern will be visible on the daily chart and the stock may move towards the target of Rs 2,600. Keep stop loss at Rs 2,350.

SCI share price target

Rupak Dey advises to buy shares of Shipping Corporation of India (SCI) for short-term gains. He said that the recovery rally can take SCI shares to the level of Rs 250. Maintain stop loss at Rs 227.

NTPC Green Energy Share Price Target

Rajesh Bhosale has advised investors to avoid taking new positions in NTPC Green Energy at the current level. He said that the counter has been consolidating for a very long time and it is still below the IPO price.

NTPC Green has crossed 20-DMA and I expect it to take the bounce counter towards Rs 105-106 levels where 200-DMA is. The expert said that if you already have NTPC Green Energy in your portfolio, then I would recommend HOLD. NTPC Green Energy has strong support near Rs 90.

Asian Paints Share Price Target

Swati Hotkar, AVP-Technical Research, Nirmal Bang Securities, said her outlook on Asian Paints is positive for the long term. Sharp profit booking was seen in Asian Paints shares from Rs 2,980 to Rs 2,740 levels, where the 50-DMA is. Reversal from 50-DMA has been seen in Asian Paints which is a positive sign. On the upside, Asian Paints may show levels of Rs 2,860 to Rs 2,900 in the short term. Keep stop loss at Rs 2,730.

Internal and Swiggy Share

Market expert Nimesh Thakar said that if you see the chart structure of both the stocks, it is a week structure. Both are in profit booking mode and no trend reversal pattern is visible on any chart yet. I believe that there is still structure week, so these should be avoided.

Talking about Eternal, the expert said that unless this counter goes above 290-300, there is no hope of any big move. So right now it is setup week so there is an exit opinion. He said that a strong support area is being formed around 260 and soon levels up to 260 can be seen in Itanal.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.