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GTC Industries is looking good for intraday trading on Monday. The stock closed at Rs 692 on National Stock Exchange.

Stock analyst Ashwani Gujral is of the view that investors can buy Wire and Wireless (India) for achieving a short term target of Rs 130.

Today (Dec 20), the stock opened at Rs 96.40 after making its closure at Rs 94.25 (on Dec 19). Presently (10:58 am), the stock is hovering around Rs 91.90, down 2.5%, and this is the best time to buy the stock.

The stock will surely achieve the said target within a period of 3-4 weeks. So the investors are suggested not to sell this stock before achieving this target.

Stock Market Analyst Ashwani Gujral has suggested the investors to sell IFCI stock as there are full chances of a downward trend in this stock.

If the stock fell below Rs 80, it may see more weakness. Presently (at 10:45 am), IFCI stock is hovering near Rs 78, down 21%.

So, the investors should sell IFCI with a stop loss of Rs 108 for a target of Rs 67.

There is also news that IFCI has rejected the bid put in by Sterlite-Morgan Stanley as both the parties failed to strike agreements over the price and management control.

Stock market analyst E Mathew has suggested a ‘buy’ for Mangalore Chemcials and Fert. The stock has gained around 5 percent in yesterday’s trading session, and marked its closure at Rs 43.20.

The company has a good business model and it may soon come out with robust results.

The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks. The stock has seen a 52-week high of Rs 55 and low of Rs 11.09.

At current market price of Rs 43, the stock has trading with a P/E of 15.65.