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Buy NCC, Motherson Sumi, L&TFH; Sell Hindustan Zinc

Reliance Securities | 13 Mar, 2018  | Follow Author | Add to my Favourites 
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NCC Ltd(NCC) surged over 4% in yesterday’s trade on the expectation of healthy performance in coming quarters owing to robust construction activities.

We maintain our fundamental BUY recommendation on NCC with a Target Price of Rs150.

Positional Pick


For today’s trade, long position can be initiated at 316-313 for target of Rs 343 with a strict stop loss of Rs.303.

Intraday Picks

L&TFH (LTP: 162) BUY

For today’s trade, long position can be initiated at Rs 160-162 for target of Rs 171 with a strict stop loss of Rs 157. Traders are advised

to avoid early morning whipsaw.


For today’s trade, short position can be initiated at Rs 322-325 for target of Rs 310 with a strict stop loss of Rs 327. Traders are advised

to avoid early morning whipsaw.

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54.70 -1.95
54.70 -1.95
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About Reliance Securities

Reliance Securities, the broking arm of Reliance Capital, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. Focus on timely & error-free execution represents its core strength. Their best in class research offerings, high degree of compliance with stock exchange regulations, ethical business standards, & strong risk management capabilities; Reliance Securities positions itself amongst strong & innovative brands in the financial services space.

For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.


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