Christmas 2020: Just ahead of the big day, Zee Business Managing Editor Anil Singhvi deployed his panel of market experts to reveal the best stocks to buy as a sort of a Christmas ‘gift’. So, here we present a list of best ‘Santa stocks’ to buy that can make investors’ festivities even more exciting. Let’s have a look at the picks of these analyst.
Kunal Saraogi’s Santa Picks: Zee Business Managing Editor started his chat with analyst Kunal Saraogi. Saraogi, before naming his stock pick, said that this company has been shortlisted by both him and Rakesh Bansal. “ We have picked CDSL jointly. This stock has a very strong chart pattern. It continues to outperform and should be kept for long-term. This is our Santa Pick,” he said.
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क्रिसमस के मौके पर दिग्गज मार्केट एक्सपर्ट से जानिए उनके मुनाफे वाले SANTA STOCKS#ZeeBizNewYear #MerryChristmas @AnilSinghvi_ @iamrakeshbansal @kunalsaraogi @SandeepWagle9 @kiran_jadhav_ @rajeshpalviya @sumeetbagadia @vikassethi_SF pic.twitter.com/Pfh9o5XE9K
— Zee Business (@ZeeBusiness) December 24, 2020
Talking about CDSL share price, Rakesh Bansal said, “The stock should be bought with a stop-loss of Rs 503, while first target of the stock is Rs 526, its second target is Rs 533. The stock is very strong on technical pattern and is also my Santa pick,” Bansal said.
Sandeep Wagle’s Santa Pick: Wagle picked Tata Consumer. He said, “I am very comfortable with this stock, pattern-wise. There is rounding bottom pattern on daily chart. It should be bought with a stop-loss of Rs 598 for target price of Rs 621.”
Kiran Jadhav’s Santa Pick: Jadhav has also picked Tata Consumer. He said, “ The stock had a very good breakout and is trading in open sky-blue territory. He put the stop-loss at Rs 590 and gave a target price of Rs 625 for today and tomorrow and minimum target of Rs 640 in a week. Investors should trade with one week view in this counter with trailing stop-loss.”
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Rajesh Palviya’s Santa Pick: He picked a stock from IT pack – Wipro. Palviya said, “If investors even hold this stock positionally, it will be in most probability that it will give good return. My immediate target with a trading point of view, will be Rs 400 to Rs 405 but I would suggest to hold it a little longer. The stop-loss should be Rs372. Positional target for this stock will be Rs 440.”
Sumeet Bagadia’s Santa Pick: Bagadia’s Santa pick was Dabur. Recommending this stock, he said, “Hold existing long position. Initiate long term position around Rs 505 to Rs 510. There will be immediate target of Rs 520. Further momentum would be seen in this stock and positionally it may also show the level of Rs 540 from here. Stop-loss would be Rs 495 on lower side.”
Vikas Sethi’s Santa Pick: His pick was Sun TV. “It’s a a media giant. Also, 100 per cent FDI nod in DTH will help this company. It’s a very good big player in its segment and it has also come out of F&O ban today. I recommend to buy this stock and today’s target in this scrip will be Rs 510 and stop-loss will be Rs 480,” said Vikas Sethi.
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