Buy & Sell Stock Ideas For Sept 27, 2021

Domestic sentiments are buoyant as economic recovery is faster than expected and is well reflected in improving macro-data points.

According to Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, In addition, strong liquidity, falling Covid-19 cases, healthy vaccination drive, upbeat corporate commentaries and low cost of capital too provided support to this rally.

"However the valuations have reached stratospheric levels especially for lot of the desired high quality names across sectors. Thus bottom-up stock picking approach is becoming difficult for investors. Traders should have cautious approach as intermittent volatility cannot be ignored given such rich valuations. However we expect the positive momentum to continue on the back of recovery in corporate earnings," he states. Here are a few buy and sell stock ideas for traders for Sept 27, 2021.

1) Dr. Ravi Singh, Founder and Director, DRS Advisory
India Cement: Buy at Rs 186, Target Rs 198, Stop Loss Rs 180
Tata Chemicals: Buy at Rs 883, Target Rs 900 Stop Loss Rs 182
IDFC: Buy at Rs 55, Target Rs 60, Stop Loss Rs 52

2) Manoj Dalmia, Founder and Director, Proficient Equities Private Limited

Tata Chemicals: Buy at Rs 886, Target Rs 915, Stop Loss Rs 877.

3) Sandeep Matta, Founder TradeIT Investment Advisor

Sun TV: Buy at Rs 510, Target Rs 525-538, Stop Loss Rs 490

Bharat Forge: Buy at Rs 750, Target Rs 790 Stop Loss Rs 725

4) Kapil Goenka, Founder at Eternity Financial Services

ITC: Buy at Rs 238, Target Rs 250, Stop Loss Rs 233

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage houses are not liable for any losses caused as a result of decisions based on the article. The above article is for informational purposes only.