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Traders’ diary: Buy, sell or hold a strategy on Max Healthcare, JBM Auto, Hindalco, and more
In this edition of Traders’ Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, December 23, 2024. Check out the complete list of stocks from analyst Kushal Gupta and Ashish Chaturvedi’s radar.
Here is the Traders Diary for December 23:
Kushal Gupta’s pick
Invest money
- Max Healthcare – Buy it – Target Rs 1400, Duration 1 year
A solid stock in the healthcare space with prospects for continued growth.
Issue-Based Choices
- JBM Auto – Buy it – Target Rs 1695, SL Rs 1630
Its subsidiary receives a Rs 1,800 crore order for 343 electric buses for purchase, operation, and maintenance.
My choice
- Godrej Consumer Products – Sell it – Target Rs 1040, SL Rs 1080
The stock is down more than 12 percent in the past month.
The Best Choice
- M&M – Buy it – Target Rs 3500, Duration 1 year
Auto OEM leader with strong foundations.
Ashish Chaturvedi’s Choices
Money
- Titagarh Rail – Buy it – Target Rs 1393, SL Rs 1295
Strong buying interest even in a weak market.
The future
- Indiamart – Sell it – Target Rs 2150, SL Rs 2280
A decline below February 2023, indicating further weakness.
Options
- InterGlobe Aviation (4400 CE) – Buy it – Target Rs 65, SL Rs 45
Elara Capital raises target to Rs 5309, fueling optimism.
Techno Options
- Camlin Fine – Buy it – Target Rs 140, SL Rs 119
The accumulation is visible in the charts.
Basic Selection
- JSW Infra – Buy it – Target Rs 340, Duration 1 month
Navkar Corp’s latest acquisition is set to change its business model.
My choice
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Copran – Buy it – Target Rs 226, SL Rs 212
The promoter increases the stake to 5.46 percent by buying large shares. -
Aubank – Sell it – Target Rs 530, SL Rs 550
The monthly chart breakout suggests a bearish continuation.