The latest analysis and commentary by stock market guru Prakash Gaba on what is moving the markets today.

He also spoke at length on Bharat Financial Inclusion, Can Fin Homes, Amara Raja Batteries, and Reliance Industries.

“I have two stocks here Amara Raja Batteries certainly looks good to me and I think is heading up to levels closer to Rs 755 zones stop below Rs 727 should be okay. I like Reliance Industries stop below Rs 1,105 possible targets on the upside is in the vicinity of Rs 1,140.”

“I have Bharat Financial Inclusion that certainly looks good to me. I have a target of around Rs 1,040 zone. It should go there and maybe around Rs 1,050 is a possibility. Stop below Rs 980 on Bharat Financial maybe fine. I also like Can Fin Homes seen a good upmove, a good momentum shift has taken place here. Target on Can Fin Homes is in the vicinity of Rs 296-300 zones, stop below Rs 282 should be fine.”

Follow stock recommendations by Prakash Gaba here: https://www.cnbctv18.com/author/prakash-gaba-117/

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First Published:Jan 7, 2019 10:18 AM IST