Business Standard

Wednesday, January 01, 2025 | 09:12 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Top stock picks by Religare Broking: Buy Muthoot Finance, Havells India

Stock recommendation by Religare Broking

Representative image
Premium

Representative image

Religare Broking Mumbai
Muthoot Finance
 
Recommendation: Buy 
 
Last Close: 672.80
 
Initiation range: 665-670
 
Target: 710
 
Stop loss: 650
 
After making a record high of late, MUTHOOTFIN has taken a pause and currently consolidating in a range. Considering its chart pattern and overall trend, the recent phase is offering excellent buying opportunity to those who missed the chance earlier. We thus suggest initiating fresh longs as per the recommended levels. 
 
Havells India
 
Recommendation: Buy
 
Last Close: 709.55
 
Initiation range: 705-710
 
Target: 750
 
Stop loss: 690
 
HAVELLS has witnessed decent profit-taking after the sharp rally and retraced close to the support zone of multiple moving

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in