Buy or sell: Anuj Gupta recommends these five stocks to buy on Tuesday — May 2
Live MintBuy or sell stocks: Driven by positive global sentiments, Indian stock market ended higher on sixth day in a row. Buy or sell stocks on Tuesday Anuj Gupta, Vice President — Research at IIFL Securities believes that Nifty and Bank Nifty indices are showing optimism followed by higher top higher bottom formation on the chart pattern. Speaking on stock market outlook, Anuj Gupta said, "On the technical charts, Nifty and Bank Nifty are showing optimism followed by higher top higher bottom formation. Bank Nifty may test 43,700 to 44,000 levels in the next week," Anuj Gupta of IIFL Securities added. Stocks to buy on Tuesday As mentioned above, Anuj Gupta has recommended 5 buy or sell stocks for Tuesday, here we list out full details in regard to those shares: 1] Wipro: Buy at CMP, target ₹410, stop loss ₹366; 2] Federal Bank: Buy at CMP, target ₹148, stop loss ₹128; 3] Tata Motors: Buy at CMP, target ₹515, ₹464; 4] IEX: Buy at CMP, target ₹170, stop loss ₹147; and 5] IOC: Buy at ₹88, stop loss ₹77.