Analysis of 20 Stalwart Stocks: Actionable Insights for Trading

As the market approaches Tuesday, January 23, investors and traders are presented with research on 20 significant stocks that warrant attention. Professional analysts have meticulously reviewed these stocks to provide strategic recommendations that could influence the day's trading activities.

Insights from Kushal Gupta

He suggests purchasing Elecon Engineering shares in the cash segment with a target price of Rs 1,110 and a stop loss at Rs 1,070. Moreover, Gupta identifies futures in Persistent Systems as a buy opportunity, aiming for Rs 8,150 and setting a stop loss at Rs 7,860. For options traders, Gupta recommends the Rs 1,010 call option of ICICI Bank at Rs 20, targeting Rs 30 with a stop loss at Rs 10.

In addition, Gupta proposes acquiring Concor shares with a target of Rs 900 and a stop loss at Rs 864, while recommending Tata Power shares for a target of Rs 355, with a stop loss at Rs 340. For long-term investors, Tata Communications shares are suggested for a one-year target of Rs 2,000. Gupta's news-based pick is Kewal Kiran Clothing shares, targeting Rs 810 with a stop loss at Rs 775.

Under his My Choice category, Gupta endorses buying Canara Bank shares for a target of Rs 500 with a stop loss at Rs 470, Birlasoft shares with a target of Rs 825 and a stop loss at Rs 795, and SBI Life Insurance shares aiming for Rs 1,480 with a stop loss at Rs 1,420.

Recommendations by Ashish Chaturvedi

Chaturvedi's selections include Rossari Biotech shares in the cash segment for a target price of Rs 850 and a stop loss at Rs 820. He advises purchasing Cipla futures with a target of Rs 1,360 and a stop loss at Rs 1,300. Additionally, the Rs 2,540 call option of Colgate-Palmolive is highlighted as a buy for a target of Rs 65 with a stop loss at Rs 42.

Chaturvedi's technical pick is Punjab National Bank (PNB) shares, with a target of Rs 120 and a stop loss at Rs 100. From a fundamental standpoint, he points to Samvardhana Motherson International shares for a target of Rs 135 over a 4-6 months horizon. For investors seeking a one-year commitment, Tata Steel shares are recommended for a target of Rs 160.

In a rare move, Chaturvedi suggests selling Oberoi Realty shares with a target of Rs 1,480 and a stop loss at Rs 1,515. His personal My Choice picks include selling IDFC First Bank futures aiming for Rs 86 with a stop loss at Rs 89, buying Borosil Renewables shares with a target of Rs 550 and a stop loss at Rs 500, and acquiring Sapphire Foods shares with a target of Rs 1,520 and a stop loss at Rs 1,450.

These insights offer a comprehensive outline for both traders and investors to plan their market activities effectively. The recommendations highlight a broad spectrum of opportunities across various sectors and market segments.

Stocks, Trading, Analysis, Strategy, Investment