InvestorQ : What are the specific stocks that you recommend to buy or sell on 02 November? You can give me stock tips for delivery for 2-3 months?
Arti Chavan made post

What are the specific stocks that you recommend to buy or sell on 02 November? You can give me stock tips for delivery for 2-3 months?

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diksha shah answered.
4 weeks ago
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For Monday 02 November, I am suggesting 3 stocks to purchase in the market as under from a short term perspective.

· Buy ICICI Bank at around Rs.392 for upside targets of Rs.440 in 1-2 months time frame. The bank announced a six fold growth in net profits in the quarter ended Sep-20 and that is likely to result in a re-rating of the stock in the coming days.

· Buy DLF around Rs.158 for targets of Rs.180. In fact, the results may not be too great, but DLF could benefit from the superior traction that is visible in the residential space. There is also the big development of REITS in association of GIC of Singapore.

· Finally, Buy NMDC at Rs.82 for target of Rs.100 in 2 months. NMDC is an attractive play on the minerals sector, which is expected to pick up sharply as Chinese revival and demand growth takes shape. NMDC is also a strong dividend yield story.

Regarding the open positions, you can hold on for now and I will intimate at the appropriate time for exit.

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