stock to buy : Foreign investors (FPIs) are coming into the market due to China's stimulus measures. Moreover, due to high valuations in India, FPIs continue to sell shares. Amidst the ongoing turmoil in the stock market, there is an opportunity to buy some shares. The brokerage house has selected 5 stocks for traders CG Power, Dixon Technologies, CRISIL, Piramal Pharma, Amber Enterprises India. The brokerage has advised to buy these shares for 2-10 days. The target and stoploss of the stock are also mentioned.
Dixon Technologies share price target
Dixon Technologies has been made the technical choice by Motilal Oswal. Buy rating has been given. Target price is Rs 15380. Stoploss will have to be kept at Rs 12980. On October 25, the share closed at Rs 13930.15. In this way one can get 10 percent return in shares.
CG Power share price target
CG Power has made Prabhudas Leeladhar a positional pick. A buy rating has been given. Target is Rs 800-835. Stoploss will have to be kept at Rs 710. On October 25, the share closed at Rs 743.85. In this way, further 12 percent return can be given in the share.
IIFL Securities raises CRISIL share price target
Buying advice is given on CRISIL. The target is Rs 5200. Stoploss will have to be kept at Rs 4940. The time limit is 5 days.
IIFL Securities raises Piramal Pharma share price target
Buying advice has been issued on Piramal Pharma. The target is Rs 260. Stoploss will have to be kept at Rs 235. The time limit is 7 days.
Amber Enterprises Share Price Target
Amber Enterprises India has a buy recommendation from IIFL Securities. The target is Rs 7100. Stoploss will have to be kept at Rs 6770. The time limit is 2 days.
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