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Stock Research Recommendations

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Equity Research

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MTF (Margin Trading Facility) Research

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F & O Research

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ETF (Exchange Traded Fund) Research

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Commodities Research

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Closed Research Calls

NATGASMINI

COMMODITY

Natgasmini • 25 Sep 2026 • Fut

Open Price

276.80

Target Price

284

Transaction Type

Buy

Reco. Date

31 Aug 2026

P&L

1.48 %

Target Date

24 Sep 2026

LODHA

MTF

Lodha Developers Ltd

Open Price

1,271.70

Target Price

1,346

Transaction Type

Buy

Reco. Date

25 Aug 2026

P&L

-4.46 %

Target Date

-

NIFTY

F&O

Nifty • 29 Sep 2026 • Fut

Open Price

24,250

Target Price

24,450

Transaction Type

Buy

Reco. Date

31 Aug 2026

P&L

0.18 %

Target Date

28 Sep 2026

WELSPUNLIV

EQ

Welspun Living Ltd

Open Price

162.15

Target Price

197

Transaction Type

Buy

Reco. Date

27 Jul 2026

P&L

16.25 %

Target Date

-

NATGASMINI

COMMODITY

Natgasmini • 25 Sep 2026 • Fut

Open Price

276.80

Target Price

284

Transaction Type

Buy

Reco. Date

31 Aug 2026

P&L

1.48 %

Target Date

24 Sep 2026

LODHA

MTF

Lodha Developers Ltd

Open Price

1,271.70

Target Price

1,346

Transaction Type

Buy

Reco. Date

25 Aug 2026

P&L

-4.46 %

Target Date

-

NIFTY

F&O

Nifty • 29 Sep 2026 • Fut

Open Price

24,250

Target Price

24,450

Transaction Type

Buy

Reco. Date

31 Aug 2026

P&L

0.18 %

Target Date

28 Sep 2026

WELSPUNLIV

EQ

Welspun Living Ltd

Open Price

162.15

Target Price

197

Transaction Type

Buy

Reco. Date

27 Jul 2026

P&L

16.25 %

Target Date

-

Our Research Experts

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Devarsh Vakil

Head of Prime Research at HDFC Securities

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Devarsh Vakil is currently the Head of Prime Research at HDFC Securities. He has over 20 years of experience in the field of financial markets research. His role entails generating investment ideas and anticipating trading opportunities. Devarsh also closely tracks global markets and important international data points that impact Indian markets. Devarsh is an Electronics and Communications engineer from Gujarat University and a post-graduate of IIT, Kharagpur in business management.that impact Indian markets.

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Nandish Shah

Deputy Vice President, Senior Derivative & Technical Analyst at HDFC Securities

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Nandish Shah, a seasoned financial markets expert with over 20 years of experience, serves as Deputy Vice President and Senior Derivative & Technical Analyst at HDFC Securities. He holds an MS in Finance from ICFAI University. Based in Ahmedabad, Nandish specializes in analyzing Indian equity and derivatives markets, leveraging deep dives into derivative data and technical studies to identify market signals. Shah’s market perspectives and derivative strategies are regularly featured in leading financial publications including Money control, Business Standard, Mint, and Economic Times. He conducts regular Nifty expiry outlook sessions via Telegram, engaging directly with investors and traders.

As a key member of HDFC Securities’ Prime Research team for 15 years, Shah has established himself as a respected voice in the Indian financial landscape. Prior to HDFC Securities, he worked at Anagram Securities Ltd (now Edelweiss Securities) for five years. With a proven track record of successful market trend predictions and informed entry/exit strategies, Nandish has established himself as a respected voice in the Indian financial landscape.

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Vinay Rajani

AVP, Senior Technical and Derivative Analyst (HDFC securities)

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Mr. Vinay Rajani is a CMT(Chartered Market Technician) charter holder and an M.B.A. He has more than 19 years of rich experience in the Financial Markets. He is born and brought up in Ahmadabad, Gujarat, India. He has been working as a Senior Technical and Derivative Analyst in Retail Research of HDFC securities for last 15 years. Earlier he worked for 4.5 Years as a Technical Research Analyst in Retail Research Team of Anagram Securities Ltd, which is currently known as Edelweiss Securities Ltd.

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