Market experts Vaishali Parekh, Vice President, Technical Research at PL Capital, and Gaurang Shah, Senior Vice-President at Geojit Investments Ltd., provided comprehensive stock recommendations during NDTV Profit's Ask Profit show. According to the expert analysis, Larsen & Toubro Ltd. (CMP: ₹3,892.10) received a 'Buy' recommendation with a long-term hold strategy, while Avenue Supermarts (CMP: ₹4,038.60) was advised to 'Hold' with a stoploss at ₹3,900 and short-term target of ₹3,300. Lupin Ltd. (CMP: ₹2,459) was recommended to 'Avoid' for now, with experts suggesting partial profit booking.
The expert analysis revealed specific technical levels for several stocks. Vishal Mega Mart (CMP: ₹115.91) was recommended as a 'Buy' opportunity, with experts suggesting purchase at ₹115 for short-term basis and expecting the stock to continue trading in the ₹110-₹125 range. Uno Minda (CMP: ₹1,131.90) received a 'Buy' recommendation due to its strong technical position, with experts anticipating a 'good run-up' from current levels. Canara Bank (CMP: ₹121.15) was advised to 'Hold' with a ₹120 stoploss, with experts expecting a potential bounce and targeting ₹135 as near-term resistance.
Recent expert analysis from NDTV Profit's Ask Profit show has provided additional insights on key stocks. MTAR Technologies (CMP: ₹7,150) received a 'Hold' recommendation with experts noting strong revenue growth potential of 25% over the next two years and increasing defence orders, though cautioning about customer concentration risks. Swiggy (CMP: ₹272.99) was advised to 'Hold' despite weak overall structure, as the stock has crossed resistance at ₹270 with a stoploss recommended at ₹260. SBI Cards (CMP: ₹611.50) received a 'Sell' recommendation due to underperformance and intense competition in the credit card business. Zensar Technologies (CMP: ₹508.20) was suggested to 'Hold' with a trailing stop loss at ₹434 and potential profit booking at ₹590.
