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BackTop Stocks to Buy or Sell: Infosys Buy, DLF & Cholamandalam Sell
Top Stocks to Buy or Sell: Infosys Buy, DLF & Cholamandalam Sell
NOTICIA
Times of India02.06.2026Business2 dk okumaIndia

Top Stocks to Buy or Sell: Infosys Buy, DLF & Cholamandalam Sell

En resumen

  • Mirae Asset ShareKhan's Somil Mehta recommends Infosys as a top buy (target Rs 1270) and DLF and Cholamandalam Investment as sells.
  • Technical analysis supports these recommendations.

Resumen generado por IA

Por qué importa

Stock market expert Somil Mehta provided recommendations for buying Infosys and selling DLF and Cholamandalam Investment and Finance Company, citing technical indicators and chart patterns. The recommendations include specific price ranges, stop losses, and target prices.

Tamaño de fuente

Stock market recommendations: Infosys has been recommended as a top buy call by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan on June 2, 2026. The expert has recommended DLF, and Cholamandalam Investment and Finance Company as sell calls. Target prices, stop loss and ranges have been shared. DLF: Sell in the range between Rs 578 & Rs 579; Stop Loss: Rs 602; Target: Rs 550 On the weekly timeframe, the stock is facing rejection from the 200‑week exponential moving average. On the daily chart, it shows a consolidation breakdown and has closed below the 20‑ and 40‑day EMAs. Momentum indicators are giving a negative crossover, signalling weakness. Key resistance is at 600, while support lies at 565. Infosys: Buy in the range between Rs 1203 & Rs 1204; Stop Loss: Rs 1150; Target: Rs 1270 The weekly chart indicates a base formation in the demand zone. On the daily chart, the stock is forming higher tops and higher bottoms, along with an inverted head‑and‑shoulders pattern. It is closing above the 20‑day EMA, and momentum indicators are showing a positive crossover, reflecting strength. Key resistance is at 1238, while support is at 1165. Cholamandalam Investment and Finance Company: Sell in the range between Rs 1494 & Rs 1495; Stop Loss: Rs 1552; Target: Rs 1420 The weekly chart shows multiple rejections from the 20‑ and 40‑week exponential moving averages. On the daily chart, the stock is forming lower tops and lower bottoms below short‑term averages. On the downside, it is closing within a gap area, and momentum indicators are giving a negative crossover, signaling weakness. Key resistance is at 1530, while support is at 1470. (Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)

Qué observar

Perspectiva de IA — posibilidades, no hechos

  • Infosys stock price will move towards Rs 1270.

    Probable · Corto plazo

  • DLF stock price will move towards Rs 550.

    Probable · Corto plazo

  • Cholamandalam Investment and Finance Company stock price will move towards Rs 1420.

    Probable · Corto plazo

Preguntas abiertas

  • What is the specific timeframe for these stock recommendations?
  • What are the broader economic factors influencing these recommendations?
  • Are there any specific catalysts expected for these stocks?
  • What is the expert's track record with previous recommendations?

Temas relacionados

This article was originally published by Times of India.

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