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Anil Singhvi Stock Picks: Market expert and Zee Business Managing Editor Anil Singhvi shared his trading strategy for October 27, highlighting selective buying opportunities and caution on certain stocks post-results.

Singhvi recommended buying Thyrocare Technologies with a stop loss at Rs 1,250 and targets of Rs 1,277, Rs 1,290, and Rs 1,300. He noted that promoters recently sold a 10 per cent stake in the company on Friday, which was absorbed by major mutual funds. According to him, the selling pressure now appears over, paving the way for recovery in the stock.

Market vetern also advised buying Coforge Futures with a stop loss at Rs 1,737 and targets of Rs 1,780, Rs 1,800, and Rs 1,825. He described the company’s latest quarterly performance as extraordinarily strong.

Singhvi called the results of Dr Reddy’s Laboratories “mixed”. He suggested avoiding fresh buying and recommended booking profits at higher levels near Rs 1,310 and Rs 1,317. The stock has support levels at Rs 1,260 and Rs 1,250.

For SBI Card, Singhvi advised a sell strategy with a stop loss at Rs 940 and targets of Rs 918, Rs 900, and Rs 892. He attributed this view to weak quarterly results.

On the positive side, Singhvi recommended buying SBI Life Futures with a stop loss at Rs 1,830 and targets of Rs 1,855, Rs 1,872, and Rs 1,890. He cited strong results across all parameters as the reason for his bullish stance.

At 11 AM, the Sensex was trading 600 points higher at 84,812.20, up 0.71 per cent, while the Nifty gained 170.70 points or 0.66 per cent to trade at 25,965.85. The market maintained a positive tone, led by gains in Bharti Airtel, RIL and SBI Life.

Abhay Shukla is a Senior Sub-Editor at Zee Business, where he covers the stock markets, corporate news, personal finance, technology, and auto sectors.

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