Five top stock picks for 20 February from leading market experts
Subscribe to enjoy similar stories. • Associated Alcohols & Breweries: Buy above: ₹1,130 | Stop: ₹1,100 | Target: ₹1,250 This beverage counter has found some strong support after a recent decline. The rise in prices of this counter has been quite steady, and the volume lead rise could result in some revival.
As robust momentum is seen building up, we can look at the whole setup heading higher once again. Consider going long. • Camlin Fine Sciences: Buy above: ₹152 | Stop: ₹144 | Target: ₹167 Even as prices dipped, momentum readings indicate an upmove that could help the prices rise quickly.
As trends are looking promising with the formation of a long body candle, one could consider a strong thrust to the upside. With near-term resistance turning into support, one can look to initiate a buy. Also read | From saviour to struggler? This stock faces bear market test • Kaveri Seed Co. Ltd: Buy at: ₹995 | Stop: ₹960 | Target: ₹1,095 After a recent upmove, KSCL has displayed a range breakout and the trends in this counter can sustain.
The strong display of momentum clearly highlights that there is some more room for an upside. As every dip sees demand at lower levels, it’s best to consider this as an opportunity to go long. HDFC Bank Ltd: Current market price: ₹1,727.2 | Buy range: ₹1,710-1,735 | Profit goal: ₹1,870 | Stop loss: ₹1,670 | Timeframe: 1-2 months Anup Engineering Ltd: Current market price: ₹3,087.65 | Buy range: ₹3,000-3,100 | Profit goal: ₹3,690 | Stop loss: ₹2,790 | Timeframe: 3-4 weeks From saviour to struggler? This stock faces bear market test Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war ABB India at a crossroads: Profits soar but stock slump hints at trouble About the analysts:
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