Market analysts and brokerage firms have identified five high-conviction trading ideas for the upcoming trading session, focusing on sectors including consumer durables, financial services, steel, and pharmaceuticals. According to reports from NDTV Profit, these recommendations come from established market experts across different brokerage houses and research firms.
Jigar Shantilal Patel, Senior Manager – Equity Technical Research at Anand Rathi share and stock broker, recommends a buy on Trent with a target price of ₹3,225. As reported by NDTV Profit, he advises traders to maintain a stop loss at ₹2,900 to manage downside risk. The recommendation is based on positive price action observed in the fashion retail space.
VLA Ambala, SEBI RA & Founder of SMT Stock Market, has identified a buying opportunity in the pharma sector with Aurobindo Pharma. According to NDTV Profit, she recommends entering the stock for upside targets of ₹1,640 and ₹1,700, while protecting the position with a stop loss at ₹1,510.
Two separate analysts have highlighted opportunities in the financial services sector. Jigar Shantilal Patel from Anand Rathi recommends a buy on Jio Financial Services with a target of ₹270 and a stop loss at ₹235. Additionally, Amit Goel of BlueOak Wealth recommends a buy on 360 One Wam for an upside target of ₹1,380, with a stop loss at ₹1,060.
Ajit Mishra, SVP-Research at Religare Broking, has highlighted momentum in the steel segment with a buy call on NMDC. As reported by NDTV Profit, he recommends an entry for an upside target of ₹89 and advises traders to maintain a strict stop loss at ₹84 to manage risk effectively.
