Here's a list of stocks recommended by top brokerage and research firms that can help you build your portfolio this Diwali
Sameet Chavan of Angel Broking recommends shorting Titan and UBL as the counters look weak on the charts
According to the technical analyst from Anand Rathi, Axis Bank is in a secular uptrend and can rally up to Rs 870
The derivative analyst from HDFC Securities recommends this strategy based on the following four rationales
According to the technical analyst from Anand Rathi, LT is in a secular uptrend and currently hovering above all its major exponential moving averages on daily time frame indicating inherent strength
Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on
The technical analyst from HDFC Securities also explains why he is bullish on BPCL, SBI Life
According to the technical analyst from Anand Rathi all three stocks have been consolidating and now set for a good breakout
Stocks of PTC India and Indo Count can see a 10-14 per cent upside from current levels
Berger Paints is placed near its strong historical consolidation zone and is expected to surge higher from here onwards, says the technical analyst
The technical analyst from HDFC Securities also recommends to remain long on the Nifty and BankNifty with a stop at 17,325 and 36,525, respectively.
Tata Motors DVR has re-tested the breakout zone and has seen an early sign of reversal in the last trading session, says the technical analyst from Anand Rathi
Sameet Chavan of Angel Broking recommends buying HPCL, and shorting Titan and Tata Steel
Mahindra & Mahindra has made a triple bottom formation on the daily chart, can target Rs 850 on the upside, says the technical analyst
The technical analyst from Anand Rathi is also bullish on SBI Cards and Jubilant Ingrevia
Torrent Power Sept futures have seen considerable long build up, with 80 per cent rise in open interest and 5 per cent rise in price.
The Religare Broking analyst also recommends buying Apollo Tyres
The broader trend for the Nifty remains bullish, with short-term support and resistance at 17,254-17,438 for the NSE index
The analyst from Anand Rathi recommends to buy these stocks based on a positive technical set-up
Rossari Biotech has been in a secular uptrend and is placed well above all the major exponential moving averages on the daily charts