InvestorQ : Please can you share some sure shot trading tips and investment ideas for 08 September, Tuesday trading?
NISHA Nayak made post

Please can you share some sure shot trading tips and investment ideas for 08 September, Tuesday trading?

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diksha shah answered.
3 weeks ago


It was an action packed day on Monday. Reliance spun off its O2C business and Vodafone and idea integrated their brands into a new “Vi” identity. Finally, the markets closed marginally in the green after oscillating through the day. Here are some trading tips.

· Buy HDFC Life at Rs.590 for upside targets of Rs.650 as the insurance market picks up traction. The June quarter has been strong for most insurance companies and COVID is likely to be extra positive for insurance policy sales.

· Use dips to buy Tata Consumer around Rs.540 levels for targets of Rs.600 in a month. Tata Consumer has started to consolidate the retail interests of the group and this could eventually add a lot more value to the stock.

· I reiterate my call to buy Ashok Leyland at Rs.69 levels for higher targets of Rs.85-90 in 2 months time frame. The stock is poised to benefit from the revival in the auto sector as well as the surge in defence orders.

Global cues will drive the market on Tuesday but the banks could remain under pressure ahead of the loan restructuring judgment.