InvestorQ : Do you have any trading ideas or investment tips for trading in the market on Wednesday, November 11?
Debbie Mascarenhas made post

Do you have any trading ideas or investment tips for trading in the market on Wednesday, November 11?

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diksha shah answered.
6 months ago
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While there are concerns at the current levels of the markets, there are also specific stocks you can still look at for buying. I suggest that you add these two stocks at this point of time to your portfolio, more from a medium term perspective. Keep at least 2 months frame.

· You can look to buy Motherson Sumi at Rs.125 on the back of positive results for the Sep-20 quarter announced on Tuesday. As the global auto industry gradually recovers, you can keep a target of Rs.155 on the stock.

· The quarter has been much better than expected for PSU banks. They are also expected to play catch-up after the frenetic rally in the Bank Nifty. If you have a higher risk appetite, you can buy PNB at current price of Rs.29 for targets of Rs.40 on the stock over next 1-2 months time frame. This is a high risk stock.

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