Business Standard

Here's why Mehul Kothari recommends buying Hindustan Petroleum, V-Guard

According to Mehul Kothari of Anand Rathi, traders can accumulate V-Guard Industries share in the range of 222 - 218 with a stop loss of 210 for an upside target of 236 in coming 1 - 2 weeks.

stocks, share markets, bse, nse
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Mehul Kothari Mumbai
BUY HINDPETRO | TARGET: Rs 274 | STOP LOSS: Rs 300

Despite the massive selloff in the markets, the stock was trading in green during Monday’s session. It is hovering exactly above the placement of its 200 DSMA and DEMA. Also, we are witnessing multiple bottom near 274 mark which indicates a possibility of bounce from here on. Thus, traders can buy the stock near 284 - 282 mark with a stop loss of 274 for upside target of 300 in 1 – 2 weeks.


BUY VGUARD | TARGET: Rs 210 | STOP LOSS: Rs 236

The stock has

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