The latest analysis and commentary by stock market guru Yogesh Mehta of Motilal Oswal Securities on what is moving the markets today.

He shared his views and readings on Aurobindo Pharma, Tata Elxsi and Axis Bank.

Talking about Aurobindo, he said, “It’s showing strength from Rs 720 bottom it has made and now it is Rs 790 level. Keep a stop loss of Rs 775 and target could be in the range of Rs 820-825.”

On Tata Elxsi front, Mehta said, “Since IT sector is in a positive territory, Rs 1,035 keeping a stop loss of Rs 1,010 one can go long. Target could be in the range of Rs 1,080-1,090.”

“So far Rs 540-560 was the consolidation zone for Axis Bank. Keep a stop loss of Rs 568 and target could be in the range of Rs 610-615 level,” he added.

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