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Trading Calls: Buy Pidilite Industries, Divi's Laboratories, Say Experts

Analysts share their trading calls
Analysts share their trading calls

BSE Sensex and Nifty edged higher on Monday amid broad-based gains. Midcap and smallcap stocks continued to outperform. Domestic brokerage Angel Broking in a note said domestic markets may see some consolidation or minor profit-taking moves but the undertone remains bullish. "We would continue with our 'buy on dips' strategy in the market," it said. The immediate support zone is seen around 9160-9114 and on the flipside, 9250-9268 levels would remain as resistances. Meanwhile, NDTV Profit spoke to few analysts who shared their trading picks.


Stock talk


Siddharth Sedani, vice president-advisory, Anand Rathi


Buy Pidilite Industries for a target price of Rs 810


Buy Kirloskar Brothers for a target price of Rs 357


Ruchit Jain, equity technical analyst, Angel Broking


Buy Pidilite Industries for a target price of Rs 760 with stop loss at Rs 694


Buy Tata Elxsi for a target price of Rs 1,770 with stop loss at Rs 1,480


K Subramanyam, co-head equity advisory, Altamount Capital


Buy Divi's Laboratories for a target price of Rs 725 with stop loss at Rs 600


SV Prasad, chairman of Chime Consulting


Buy SBI and BPCL on declines


Disclaimer: Investors are advised to make their own assessment before acting on the information.