Anil Singhvi's Stock Picks: Expert Weighs In on Key Sectors for Q2 Earnings

Market expert Anil Singhvi has outlined a fresh set of trading ideas for Friday, highlighting selective buy and sell calls across key sectors such as banking, real estate, FMCG, and IT as investors react to Q2 earnings announcements.

Anil Singhvi Buy/Sell Calls: Markets opened on a subdued note on Friday. In a weak market, market guru Anil Singhvi has revealed his top intraday strategies for Friday, featuring a balanced mix of buy and sell calls across key sectors such as real estate, banking, FMCG, and IT.

Anil Singhvi gives 'Sell' call on the following:

1) Cipla Futures: Singhvi has advised selling Cipla Futures with a stop loss at Rs 1,570 and targets of Rs 1,530, Rs 1,510, and Rs 1,475. The call comes after management commentary dampened sentiment post Q2 results. “The stock may extend its decline on the second day after results,” Singhvi said.

2) Bandhan Bank Futures: Another sell call was issued on Bandhan Bank Futures with a stop loss at Rs 178 and targets of Rs 168, Rs 164, and Rs 161, citing weak quarterly results and no visible signs of improvement for the next 1–2 quarters.

3) DLF Futures: Singhvi also turned bearish on DLF, recommending a sell with a stop loss at Rs 797 and targets of Rs 774 and Rs 768, noting weak results across all parameters.

Anil Singhvi gives 'Buy' call on the following:

1) United Spirits Futures: The expert remains bullish on United Spirits, recommending a buy with a stop loss at Rs 1,390 and targets of Rs 1,420, Rs 1,435, and Rs 1,455. He noted that the company delivered an “extraordinarily strong performance” in Q2.

2) Mphasis Futures: Positive on the IT space, Singhvi called Mphasis a buy on dips, citing “strong results on all parameters.” Key support is seen at Rs 2,846, with resistance around Rs 2,955.

Mixed Results: Stocks to Watch

ITC Futures: Singhvi termed ITC’s Q2 results “mixed but operationally strong,” highlighting 7 per cent growth in FMCG revenue. The stock has support at Rs 411 and resistance at Rs 427.

NTPC Futures: The state-run power major’s results were “mixed.” Singhvi pegged support at Rs 333 and higher levels near Rs 356.

Dabur Futures: While Dabur’s numbers were in line with expectations, volume growth disappointed. Support is placed at Rs 488, with resistance at Rs 516.

Pidilite Industries Futures: Results were mixed, but the stock is known to remain steady post-earnings. Key support is at Rs 1,455, and higher levels are expected near Rs 1,535.

Manappuram Finance Futures: Numbers came in as per estimates. Singhvi advised monitoring Rs 267 as support and Rs 290 as the next level to watch.

IEX Futures: The power exchange posted in-line numbers, with nothing “great or disappointing.” Support is seen at Rs 140, and higher levels around Rs 155.

IIFL Finance Futures: Despite “great numbers,” Singhvi cautioned that the stock is already priced in, having gained 10 per cent in 5 days and 20 per cent in one month. Support lies at Rs 530 with higher levels near Rs 555.

Lodha Developers Futures: The real estate major posted very strong results, achieving full-year guidance in the first half itself. However, pre-sales growth remains a concern. Support is at Rs 1,145, with resistance near Rs 1,190.