InvestorQ : What do you think are the major buying and selling tips for the 07 September? You can give me some short term tips?
Dhwani Mehta made post

What do you think are the major buying and selling tips for the 07 September? You can give me some short term tips?

Answer
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diksha shah answered.
3 weeks ago


It was a sort of Black Friday last week with the Sensex correcting nearly 663 points and most banks selling off on fears that loan restructuring would be credit negative. Global cues were also negative with global tech stocks falling vertically. Here are some stock tips.

· Buy Ashok Leyland Rs.69 levels for targets of Rs.85-90 in 2 months. The stock is likely to gain from revival in auto demand and also from defence orders.

· Buy BHEL at Rs.38 levels for targets of Rs.50 in one month time frame. The stock is likely to emerge as a favoured source for outsourcing capacity to global players.

· I reiterate my call to buy SAIL at Rs.41 for target of Rs.50 in 1 month. Apart from the Chinese demand build up, output is also getting back to pre-COVID levels.

EMI moratorium could be the key issue and all eyes will be on the Supreme Court. The more immediate trigger for the Indian markets today will be the global cues.