On the last day of the trading week, the market closed at a 9-month low. A sharp decline was seen in the market. Selling was seen in all sector indices of BSE. Strong selling was also seen in midcap and smallcap indices. Nifty closed 420 points down at 22,125. Nifty Bank closed 399 points down at 48,345. Sensex closed 1,414 points down at 73,198. Nifty witnessed the biggest intra-day decline in about 8 months. At the same time, before the market closed, leading experts advised to bet on HDFC Bank, Hindalco, Voltas and Coal India shares for short-term earnings. Know who gave what target price-
Cheaper option for Angel One's Sneha Seth: HDFC Bank
Sneha Seth of Angel One said that buying the March expiry call in HDFC Bank stock will give profit. She said that buy its 1740 strike call around Rs 28.10. In this, targets of up to Rs 49 can be seen in a few days. However, she also said that a stoploss should be placed at the level of Rs 15.
Rachana Vaidya of rachanavaidya.in F&O Superstar Stock: Hindalco Future
Rachna Vaidya of rachanavaidya.in advised to buy Hindalco stock from F&O segment before market closes. He said that targets of Rs 640/642 can be seen in this stock. He said that one should buy it at the level of Rs 637 with a stoploss at the level of Rs 632.
Chart Miracle by Kavita Jain of Arihant Capital Share: Voltas
Kavita Jain of Arihant Capital bets on Voltas as a chart wonder stock for today. She said that one can buy it at the level of Rs 1316. Put a stop loss at the level of Rs 1296. This stock can go up to the level of Rs 1335/1340.
Rajesh Agarwal of AUM Capital's Midcap Fund Stock: Coal India
Rajesh Aggarwal of AUM Capital, while describing the midcap funda stock, said that today Coal India stock should be bought at the level of Rs 371. He said that a good upside target can be seen in this in the medium to long term.
(Disclaimer: The views and investment advice expressed on Moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to seek advice from certified experts before taking any investment decision.)
