New Delhi: Brokerage firm, ICICI Direct Research has given buy and sell recommendations on HDFC Life Insurance June futures and Titan June futures. Let’s take a look at the commentary made by ICICI Direct on share target price and stop loss on the futures of these two stocks.
HDFC Life Insurance June futures share price target
ICICI Direct has given a BUY call on HDFC Life Insurance June futures. The brokerage firm gave target share price of Rs 630 apiece on June futures contract of BFSI stock HDFC Life. The brokerage has given buy call on HDFC Life June futures of share price in range of Rs 594 – Rs 597.
The brokerage has advised investors to keep stop loss at Rs 574.9 on HDFC Life June futures. In the cash segment, HDFC Life share price closed 1 per cent lower at Rs 579 apiece on the BSE on Monday, June 24, 2024.
HDFC Life share price performance in cash segment:
The company’ share price is down 3 per cent in the past 5 days
In last 1 month, the stock is up around 3 per cent
The insurance company’s share price has plummeted 9 per cent in the past 6 months
While, in last 1 year, HDFC Life share price has given -8 per cent returns
Titan June futures share price target
ICICI Direct Research gave Rs 3,260 target share price on Titan June futures with a sell call. The brokerage firm has advised investors to initiate a ‘sell’ position on the stock in the derivatives segment with a stop loss of Rs 3,491. The financial institution said “any rise in the stock should be used to create fresh short positions for target of Rs 3,260 levels.” In the cash segment, the Tata Group company’s share price closed at Rs 3,421 apiece on the BSE on Monday.
Titan share price performance in cash segment:
Titan’s share price was down five per cent in the past five days
The scrip is down around seven per cent in the past six months
Titan’s share price shot up 15 per cent in the past one year
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Brokerage ICICI Direct Research has given buy and sell recommendations on HDFC Life Insurance and Titan June shares, respectively. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
