STOCK IN FOCUS: buy prince pipes, mcdowell, concor

Ahmedabad, 27 April

Prince Pipes (CMP 601) 

In view of the expected pick-up in demand, cost optimization measures and series of strategies for the next level of growth, we have our BUY rating on the stock with Target Price at Rs725.

Intraday Picks

MCDOWELL-N (PREVIOUS CLOSE: RS776) BUY

For today’s trade, long position can be initiated in the range of Rs769-764 for the target of Rs794 with a strict stop loss of Rs753.

CONCOR (PREVIOUS CLOSE: RS611) BUY

For today’s trade, long position can be initiated in the range of Rs607-604 for the target of Rs623 with a strict stop loss of Rs597.

APOLLOHOSP (PREVIOUS CLOSE: RS4,410) SELL

For today’s trade, short position can be initiated in the range of Rs4,445-4,470 for the target of Rs4,290 with a strict stop loss of Rs4,520.

(Mitul Shah – Head of Research at Reliance Securities)

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)