New Delhi, July 24 -- All eyes will be on reaction to the Q1 earnings from Infosys, Dr. Reddy's Labs and Tata Consumer Products, with stock-specific swings set to steal the spotlight. Traders will juggle momentum-driven gains and selective profit-taking as they position ahead of key macro data later this week.
Three stocks to trade, recommended by NeoTrader's Raja Venkatraman:
Southern Petrochemicals Industries Corp. Ltd (Cmp 88.36)
Buy CMP and dips to Rs.85 | Stop Rs.82 | Target Rs.98-102
Why it's recommended: India's fertilizer companies are performing well. The company has shown good profit growth of 19.24% over the past three years and 47.5% CAGR over the last five years. This counter has simultaneously been showing some improveme...
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