Aditya Arora is bullish on Thermax and ONGC. Here’s why

economictimes.indiatimes.com:

Aditya Arora, Adlytick, says: “There was a buy on ONGC today by certain brokerage houses and the dynamics of crude oil and oil space is changing very dynamically given the geopolitical tension. ONGC is a great buy at Rs 280, stop loss must be Rs 265, and target would be Rs 295-320. The second one is Thermax. The capital infrastructure is pretty good and these stocks are also displaying that kind of a strength. The trend of Thermax is pretty positive. One must maintain a bullish outlook on this stock and one should turn bearish only if levels of Rs 4400 are breached.”

Jewellery retailer Senco is glittering away in trade. In the jewellery retail pack, what is looking attractive to you on the charts and technicals? Would you go for something like Senco Gold or AVJ Jewellers in terms of recent listing or would you stick to Titan or Kalyan Jewellers?
Aditya Arora: Senco Gold looks absolutely good since the listing at about Rs 350 odd levels. The stock has scaled new highs of Rs 960. It is fantastic, the patterns are very good and it is outperforming markets by a very wide margin. Whether you talk about indices like Nifty, Bank Nifty or whether you compare it to other peers like Titan, it is doing pretty well. I think good institutional interest is present as I can see on the charts. So one can go with Senco Gold itself and one can buy at Rs 936.80, stop loss must be Rs 840 and target would be Rs 1000-1100. The the view is overall bullish and it could be accumulated in all dips.

What is your view on the metals pack