Expert Views on Titan Company Ltd
According to G Chokkalingam, Founder & MD, Equinomics Research, investors can hold Titan Company Ltd with a target price of Rs 1,000. However, he advises against buying the stock at the current market price, citing a contraction in the valuation of consumer durables. On the other hand, Ruchit Jain from MOFSL recommends holding Titan Company Ltd and exiting on an upmove, as the stock has been consolidating over the last few sessions with no signs of a breakout.
BSE Ltd: Should You Invest?
G Chokkalingam advises against buying BSE Ltd stock, even after some correction, as it is still too costly. He recommends waiting for the stock to fall below Rs 1,300 before considering a purchase. Ruchit Jain, however, is bullish on BSE Ltd’s outperformance and suggests that it could be a good outperformer going ahead, relatively better in the sector.
Kalyan Jewellers: Hold or Sell?
Ruchit Jain recommends selling Kalyan Jewellers, citing a low top lower bottom structure with no signs of reversal. The technical structure is not positive, and the stock is a relative underperformer in the sector. On the other hand, G Chokkalingam advises holding Kalyan Jewellers for the long term, as the overall structure is not negative, and the stock might see some consolidation in the shorter term.
SBI and BHEL: Expert Views
Ruchit Jain recommends holding SBI for long positions, as the broader term seems positive. G Chokkalingam, however, advises against buying BHEL stock, citing that it is not a buy at all, even after some correction, as it is too costly.
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