InvestorQ : Do you suggest any fresh stock buying for trading on 17 November, Tuesday? I am looking for delivery ideas only?
Katherine Gonsalves made post

Do you suggest any fresh stock buying for trading on 17 November, Tuesday? I am looking for delivery ideas only?

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diksha shah answered.
1 week ago
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I think that the new few days could be more of a value play than a growth play so your trading must be aligned accordingly. There are two stocks I am suggesting that you add at this point of time to your portfolio but keep monitoring them closely.

· I strongly suggest you to buy Indian Oil Corporation at the market price of Rs.87 for targets of Rs.100 in the next one month. The company is likely to benefit from any bounce in crude prices as OPEC hardens its stand. BPCL divestment will also be value accretive for IOCL and that is also a trigger.

· BHEL rallied sharply and now it is back where it started. BHEL is not about earnings but about the outsourcing story. After the recent correction in price, you can look to buy BHEL at Rs.28 for a medium term price target of Rs.40 in 3 months time frame.

I once again reiterate my view that all positions must be monitored although the downside risks in these PSU stocks is fairly limited.

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