The first trading day of the week witnessed a strong buying sentiment in the market, with Midcap and Smallcap indices reaching new all-time highs. However, Bank Nifty and Nifty faced some downward pressure. In the special segment “Chaar Ka Chowka” on our associate channel CNBC-Awaz, experts provided insights into promising stock picks:
Today’s Cheapest Option in Chaar Ka Chauka
Coal India Satchitanand Utekar has recommended a cost-effective option involving Coal India stock. He suggests purchasing a call option with a strike price of 240 and an expiration date in September. This trade can potentially yield substantial returns, with a recommended entry point at Rs 7.10 and a target of Rs 16. A stop loss at Rs 3.5 is also advised.
F&O Superstar Stock in Four Ka Chauka
BEL Future Chandan Tapadia advises investors to consider buying BEL at Rs 142. This stock is expected to reach a target of Rs 149 in the future, with a recommended stop loss at Rs 137.50.
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Call That Shows the Miracle of Chart in ‘Chaar Ka Chauka’
JSW Steel Manas Jaiswal recommends a buy position on JSW Steel, particularly near the Rs 820 level. This stock has a target of Rs 850, with a suggested stop loss at Rs 809.
Midcap Funda Stock in Chaar Ka Chauka
Chalet Hotels Sunny Agarwal identifies Chalet Hotels as a promising midcap stock. He advises a long-term perspective, recommending an entry point at Rs 547 for the potential of significant returns.
