NEW DELHI: Domestic equity market is likely to open lower on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:25 am the SGX Nifty was 7.50 points or 0.06 per cent lower at 12,333.50.
ET Now spoke to various experts and here’s what they have to recommend for today’s trade:
Kunal Bothra independent market expert
Eicher Motors is a ‘Buy’ call with a target price of Rs 22,800 and a stop loss of Rs 21,850.
Gujarat Alkali is a ‘Sell’ call with a target price of Rs 398 and a stop loss of Rs 424.
CK Narayan of Chart Advise
PVR is a ‘Buy’ call with a target price of Rs 1910 and a stop loss of Rs 1870.
NIIT Tech is a ‘Sell’ call with a target price of Rs 1575 and a stop loss of Rs 1605.
CA Rudramurthy of Vachana Investments
SBI is a ‘Buy’ call with a target price of Rs 360 and a stop loss of Rs 320.
DLF is a ‘Buy’ call with a target price of Rs 260 and a stop loss of Rs 215.
(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
Source: Economic Times
