3 weeks ago
Pradip Halder's Short-Term Stock Picks: SAMIL and Leela Palace
A person named Pradip Halder, who studies the stock market, told people about two stocks he thinks might go up in price.
A stock is a tiny piece of a company that people can buy.
The first stock is called SAMIL.
Pradip thinks it can go up to Rs 177 and then to Rs 190.
He says people should sell if the price falls to Rs 158, so they do not lose too much money.
SAMIL shares already went up almost 9 per cent on Friday.
The second stock is called Leela Palace Hotel.
He thinks it can climb about 20 per cent over the next month or so.
Its targets are Rs 575 and then around Rs 625, with a stop loss near Rs 461.
A stop loss is a safety rule that tells you to sell if the price drops too much.
Pradip Halder set a first target of Rs 177 and a second target of Rs 190 for SAMIL, with a stop loss at Rs 158.
SAMIL shares rose nearly 9 per cent to Rs 168.90 apiece on Friday.
Samvardhana Motherson (SAMIL) is framed as a shorter two-week momentum trade.
For Leela Palace Hotel, Halder set a first target of Rs 575 and a second target of around Rs 625, with a stop loss near Rs 461.
Halder said a 20 per cent rally looks possible for Leela Palace Hotel within one to one-and-a-half months, as it sustains above its IPO high and trades at an all-time high.
- Who
- Stock market analyst Pradip Halder issued the buy recommendations.
- What
- Short-term buy calls on SAMIL and Leela Palace Hotel stocks, with price targets, stop losses and expected timeframes.
- Where
- Indian stock market, indicated by rupee-denominated share prices.
- When
- SAMIL shares rose nearly 9 per cent on Friday; Leela Palace Hotel is positioned as a one to one-and-a-half month opportunity.
- Why
- Halder believes SAMIL's momentum is not exhausted and Leela Palace Hotel has a technically constructive setup that could support a roughly 20 per cent rally.
Key facts
- Analyst
- Pradip Halder
- Short-term pick 1
- SAMIL (two-week momentum trade)
- SAMIL targets
- Rs 177, then Rs 190; stop loss at Rs 158
- SAMIL Friday move
- Almost 9% gain to Rs 168.90
- Short-term pick 2
- Leela Palace Hotel (breakout candidate)
- Leela Palace targets
- Rs 575, then around Rs 625; stop loss near Rs 461
- Leela Palace expected rally
- About 20% over one to one-and-a-half months
Quotes
Pradip Halder
Market analyst and investor
“"20 per cent rally looks possible"”
businesstoday.in
“"sustained above its IPO high,"”
businesstoday.in









