Kunal Saraogi, CEO of Equityrush recommends buying PC Jeweller with a target of Rs 199 and Hindustan Construction Company with a target of Rs 42.
In CNBC-TV18's popular show Bull's Eye, Kunal Saraogi, CEO of Equityrush shares his trading strategies for the day.
One can buy Titan Company . I think the stock has shown great momentum in yesterday's trade and the momentum here is likely to continue. The stock has broken through multiple resistances on its daily and weekly charts. It can very easily get to levels of Rs 395 which can be a target and put a stoploss at Rs 380.
One can buy Petronet LNG . The stock broke out very decisively on the charts in yesterday's trade and I think that the bullish momentum here is likely to continue. Petronet LNG can be bought with a target of Rs 203 with a stoploss at about Rs 192.
One can buy Hindustan Construction Company (HCC). I think the stock showed great traction in yesterday's trade. We saw a good rebound in almost all of the high beta stocks and HCC in particular looks strong on the charts. The stock can get to Rs 42 levels and one should put a stoploss at Rs 40.
One can buy PC Jeweller . I think all the jewellery stocks looked really good in yesterday's trade. PC Jewellers can be bought with a target of Rs 199 and put a stoploss at Rs 185.
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Buy Titan, Petronet, HCC, PC Jeweller: Kunal Saraogi
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Buy Titan, Petronet, HCC, PC Jeweller: Kunal Saraogi
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Buy Titan, Petronet, HCC, PC Jeweller: Kunal Saraogi
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