Stock Market Insights: SBI Life, Tata Motors, and More – Buy, Sell, or Hold?

In this edition, the expert research team unveils their picks for 20 stocks that investors and traders should keep an eye on for Tuesday, August 22. Delve into the exclusive recommendations across cash and derivative segments, as analysts Varun Dubey and Kushal Gupta highlight potential targets and stop loss levels. Spotlight Stocks and Recommendations:

1. Lemon Tree Hotels (Cash Segment): Suggested Buy with a target of Rs 109 and a stop loss at Rs 103.
2. Shriram Finance (Option): Recommends buying the Rs 1,840 call option at Rs 41, targeting Rs 61, and setting a stop loss at Rs 30.
3. JSW Steel: Advised Buy for a target of Rs 820, setting a stop loss at Rs 785.
4. Tata Motors: Suggested Buy with a one-year target of Rs 750.
5. Sona BLW Precision: Investment idea – Buy with a one-year target of Rs 800.
6. Globus Spirits: News-based pick – Suggested Buy with a target of Rs 950 and a stop loss at Rs 910.
7. SBI Life: My Choice pick – Recommended Sell with a target of Rs 1,250 and a stop loss at Rs 1,300.
8. Granules India: Advised Buy for a target of Rs 310 with a stop loss at Rs 295.
9. HDFC Bank: Recommended Buy for a target of Rs 1,640 with a stop loss at Rs 1,580.

Varun Dubey’s Picks:

1. Brigade Enterprises: Suggested Buy in the spot market with a target of Rs 610 and a stop loss at Rs 580.
2. Tata Power (Futures): Advised Buy for a target of Rs 247 with a stop loss at Rs 236.
3. Glenmark Pharma (Option): Buy the Rs 780 call option with a target of Rs 20 and a stop loss at Rs 13.
4. Dixon Tech: Recommended Buy with a target of Rs 5,000 and a stop loss at Rs 4,820.

Kushal Gupta’s Picks:

1. Union Bank of India: Fundamental pick – Advised Buy with a target of Rs 95.5 and a stop loss at Rs 90.
2. Kotak Mahindra Bank: Investment idea – Recommended Buy with an eight-month target of Rs 1,950.
3. EIH Ltd: News-based pick – Suggested Buy with a target of Rs 246 and a stop loss at Rs 232.
4. Restaurant Brands Asia: My Choice pick – Buy with a target of Rs 120 and a stop loss at Rs 112.

Additional Recommendations:

1. Kaya: Suggested Buy for a target of Rs 392 with a stop loss at Rs 370.
2. IEX: Advised Sell with a target of Rs 121 and a stop loss at Rs 127.