Market Consolidates for Third Day, Expert Recommendations on ITC, Grasim, MCX, and Zen Technology Stocks
The market continues its consolidation mood for the third day, with NSE’s Nifty and BSE’s Sensex trading flat. Nifty remains below the 19,700 mark, while Bank Nifty shows slight gains, and the mid-cap segment witnesses the highest increase of 1/4 percent.
Market Consolidation Continues: Nifty and Sensex Trade Flat
Amid this market scenario, experts offer their stock picks for potential gains. Prashant Sawant suggests a cost-effective option in ITC stock, recommending buying a call with a strike of 475, expiring in August, with a target of Rs 24 and a stop-loss at Rs. 9.
Sachchitanand Utekar recommends Grasim Futures as an F&O superstar stock, advising buying near Rs 1844 level, with target levels of Rs 1855 and Rs 1880, along with a stop-loss at Rs. 1824.
Expert Picks for Potential Gains: ITC, Grasim, MCX, and Zen Technology Stocks
Rajesh Satpute’s chart analysis points to a call on MCX, advising buying at Rs 1713, with target levels of Rs 1780 and Rs 1800, while maintaining a stop-loss at Rs. 1690.
Ashish Maheshwari’s midcap stock pick is Zen Technologies, suggesting a long-term perspective with a buying level of Rs 640, and a target of Rs 750 if it remains within the specified range.
