InvestorQ : What are your top trading picks for 15 September? Also, can you share some long term investment ideas with me?
Juvina Maggie made post

What are your top trading picks for 15 September? Also, can you share some long term investment ideas with me?

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diksha shah answered.
2 weeks ago


Sensex lost 473 points from the peak on Monday so there was some profit booking ahead of new margin penalty rules. RIL corrected and so did banks. Today, we could see more stake sale announcements from Reliance group.

· As a follow up to my Tech Mahindra idea yesterday, I suggest buying Infosys at current price of Rs.973 for targets of Rs.1050 on cheap valuations and a stability bet.

· Buy Avanti Feeds at Rs.535 for targets of Rs.600 in one month. This stock could gain as exports to Asia pick up sharply in the coming months. Valuations are reasonable.

· I reiterate accumulating L&T at Rs.916 for longer term targets of Rs.1300 from an investment perspective as defence story and pick-up in capital cycle could be a boost.

The US markets have been extremely positive on Monday and that should rub-off on the Indian markets on Tuesday.