With the start of new week in stock market game player N0.1 is ready for new player competition. This week, Mehul Kothari of Anand Rathi Sec, Pradeep Hotchandani of Prudent Broking and Maneesh Sharma of LearnMarketsOnline.com are fighting for profits and returns. Mehul Kothari has been a part of this game for the first time. Anyone wins in this game but investors and spectators can be seen making money.
what are the rules of the game
This is a real show of the stock market, in which real money will be used. The show will have three analysts. Each analyst will give three buy or sell calls. Only 3 calls will be open at a time. Analysts can switch their calls twice a day. Their calls will have a 3 to 1 ratio of Target and Stoploss.
Under this game, calls will be given for the first time every Monday at 11 am. Apart from this, calls can be given anytime from Tuesday. Returns will be shown at the time of market close. The winner will be announced on Friday after 3.30 PM. In this game no less than 10 shares will be taken and no sell call will be given in cash segment shares.
Mehul Kothari of Anand Rathi Sec Opinion on the market, said that the market is seeing good growth and bullish momentum is visible, but profit-booking can also be seen in the rise of 200 points. Still, it would be advisable to adopt the strategy of Buy on Dips in Nifty and Bank Nifty.
Manish Sharma of LearnMarketsOnline.com Giving opinion on the market today, he said that if there is a fall in Nifty, then considering it as a buying opportunity, it would be advisable to buy at lower levels.
Today’s Suggested Stocks by Experts
Mehul Kothari’s earning stock of Anand Rathi Sec: BUY RAIN IND
Mehul said buy it at 248.65 level with a stop loss of 244. A target of Rs 265 can be seen in this.
Pradeep Hotchandani of Prudent Broking Earning Stock: BUY CONCOR
Pradeep said buy it at Rs 720.50 level with a stop loss of Rs 704. A target of Rs 772 can be seen in this stock.
LearnMarketsOnline.com’s Manish Sharma Earning Stock: BUY IRCTC
Manish said that buy this stock at the level of Rs 3926 and put a stop loss at Rs 3600. There will be a target of Rs 5000 in this.
Disclaimer: Player No.1 Buy/Sell Opinion of the shares mentioned in the show is the expert’s own opinion. CNBC-Awaaz or Moneycontrol does not take responsibility for this, please consult your financial advisor before entering into any transaction.
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