Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on healthcare, automotive components, engineering infrastructure, consumer goods, and retail sectors. According to reports from NDTV Profit, the recommended stocks include KIMS in healthcare, Endurance Technologies in auto components, Kalpataru Projects International (KPIL) in engineering, Godfrey Phillips India in consumer goods, and Senco Gold in retail jewelry.
Sachin Janardan Sarvade, AVP Derivatives, Retail Research at IDBI Capital Markets and Securities Limited, sees positive price action in the healthcare major. As reported by NDTV Profit, he recommended a buy on KIMS in the range of ₹759 to ₹769 for a target of ₹888, advising traders to maintain a stop loss at ₹713. This recommendation targets significant upside potential from current trading levels.
Deven Mehata, Manager – Technical & Derivatives Analyst at IDBI Capital Market and Securities Ltd, identified a buying opportunity in the automotive components sector. According to NDTV Profit, he recommended entering Endurance Technologies at ₹2,623 for an upside target of ₹2,830, while protecting the position with a stop loss at ₹2,500. This technical setup suggests potential for approximately ₹207 upside from the recommended entry point.
Deven Mehata of IDBI Capital Market and Securities Ltd also sees technical strength in the engineering and infrastructure segment. As reported by NDTV Profit, he recommended a buy on KPIL at ₹1,276 for a target price of ₹1,400, suggesting a stop loss at ₹1,215 to manage downside risk. This recommendation targets approximately ₹124 upside from the recommended entry point.
VLA Ambala, SEBI RA & Founder at SMT Stock Market, highlighted momentum in the consumer goods space with a buy call on Godfrey Phillips. According to NDTV Profit, she recommended an entry in the range of ₹2,250 to ₹2,300 for upside targets between ₹2,450 and ₹2,700, advising traders to keep a strict stop loss at ₹2,100. Additionally, she identified a potential swing trading opportunity in Senco Gold between ₹330 and ₹340 for targets of ₹370, ₹400, and ₹450, with a stop loss at ₹300 to protect the position.
