InvestorQ : Do you suggest any specific stocks to buy in my portfolio for trading in the stock markets on 24 November? What are your top trading tips for the day?
Debbie Mascarenhas made post

Do you suggest any specific stocks to buy in my portfolio for trading in the stock markets on 24 November? What are your top trading tips for the day?

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diksha shah answered.
2 months ago
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One good thing about the stock markets is that you can always find specific opportunities to invest in all kinds of markets. For Tuesday, 24 November I suggest 2 stocks; both of which are very company specific plays.

· Firstly, you can buy Motherson Sumi at Rs.143 for targets of Rs.180 in 3 months. The new five-year restructuring plan of the company is ambitious and could also be game changing, especially the move to diversify its product mix outside of auto dependence.

· With the new IWB recommendations, look to buy Equitas Ltd at Rs.63 for targets of Rs.90 in 2 months. These microfinance players having a small finance bank franchise are likely to benefit from the bank conversion rules being simplified.

For now, you need to keep the 13,000 level on the Nifty and the 44,000 level on the Sensex as psychological testing points. Of course, the level of 13,000 will remain a major bottleneck for the market but the focus will shift to more stock specific stories for you to play with.

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