April 9 stock tips: Wipro, Pantaloon Retail and more

Posted By:
Subscribe to GoodReturns

April 9 stock tips: Wipro, Pantaloon Retail and more
Here are a few stock ideas from leading brokerage houses in the country.

Wipro:

Sudarshan Sukhani, s2analytics.com advises to buy Wipro on corrections.

Sukhani told CNBC-TV18, "Charts for most tech stocks and that includes Wipro  , suggests that what is happening now is a correction rather than a downtrend. Now, the problem with Wipro is that it goes out of this list but that's really not much to say about. Wipro is in an uptrend. So after whatever correction is complete, I would be a buyer in it."

Pantaloon Retail:

SP Tulsian of sptulsian.com advises to buy Pantaloon Retail  at current levels.

Tulsian told CNBC-TV18, "Pantaloon Retail can be bought at the current level for the remaining 45 minutes and one can look for a gain Rs 3.50-4 from the current price and the stop loss can be put at about Rs 2 lower than the buying rate, what the people will be buying now."

TVS Motors:

SP Tulsian, sptulsian.com advises to exit from TVS Motors around Rs 42.

Tulsian told CNBC-TV18, "Since one has bought TVS Motors as a trader and you are getting about Rs 4 that means a gain of more than 10 percent. Prudent practice or prudent strategy would always be that a trader should look to exit from the stock even at the current level, but I won't advice you to do so because the BMW tie-up we don't know in what form this tie-up may emerge, that is sure to happen on the technology front but apart from that may be the brand name or the joint making of the models by TVS with BMW, if you recall company broke with Suzuki about a decade back and since then they have been going alone and that is the reason they have been struggling a lot."

Bharti Airtel:

Sudarshan Sukhani, s2analytics.com advises to buy Bharti Airtel on dips.

Sukhani told CNBC-TV18, "For the day, a dip in Bharti Airtel  is a buy. Problems are that we are discussing only day trades. Bharti Airtel is not a positional trading opportunity on the buy side unfortunately."

GoodReturns.in

DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Read more about: stock picks
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?