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Stocks to buy today: List of 20 stocks for profitable trade on January 17

STOCK MARKETS

The domestic equity market closed on a flat note after staging a bounce back in the last hour of trading on Friday as even the benchmark indices gained 2.5 per cent each for the week ended January 14, 2022. 

The domestic equity market closed on a flat note after staging a bounce back in the last hour of trading on Friday as even the benchmark indices gained 2.5 per cent each for the week ended January 14, 2022. Nifty 50 managed to close above 18, 250, while the Sensex too settled above 61,200. Sector wise, IT and Realty outperformed the benchmarks, while auto, financial services, FMCG, bank, pharma and media remained under pressure. 

In the Asian market on Monday, the indices were trading mixed. Japanese Nikkei 225 was up 0.59%, Hang Seng Index at the Hong Kong Exchange traded lower by 0.54% and Shanghai Composite was trading higher by 0.31% around 8 am on Monday.  

The Wall Street indices too closed mixed, largely in the green on Friday. The S&P 500 closed 0.56% lower, while Nasdaq Composite, S&P 500 and Russell 2000 settled 0.59%, 0.08%, 0.14% higher on Friday respectively. The US markets will remain closed for trading on Monday.  

Meanwhile, ahead of the market open on Monday, Zee Business research team brings you a list of 20 stocks for profitable trade. These shares have been shortlisted from cash, F&O and techno segments for good returns on intraday, positional to long-term basis. Below is the list of stocks identified by Kushal Gupta and Varun Dubey on Monday 

Read more:10 things investors need to know about Shiba Inu (SHIB) in 2022

Kushal Gupta Stock Picks 

Cash 

Tinplate – Buy – 345, sl – 312   

FTR 

Hero Motocorp – Buy – 2650, sl – 2540 

OPTION 

HCL Tech 1330 CE@ 32 – Buy – 52, sl – 25 

Techno 

Info Edge – Buy – 5843, sl – 5615 

Funda 

Exide Ind – Buy – 225, Duration – 1 year 

Invest 

Ashok Leyland – Buy – 180, Duration – 1 year 

News 

Metro Brands – Buy – 523, sl – 501 

Mychoice 

Bata India – Buy – 2060, sl – 1975 

Kotak Mahindra Bank – Buy – 1990, sl – 1900 

JK Paper – Buy – 218, sl – 209 

Best Pick 

Exide Ind – Buy – 225, Duration – 1 year 

Read more:LIC IPO: DRHP likely this month, 20% FDI cap being proposed

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Varun Dubey Stock Picks 

Cash 

Buy Agro Tech Target Rs 1010 SL RS 950 

Futures 

Sell GAIL Target Rs 140 SL RS 146.5 

Options 

Buy Maruti 8100 CE Target Rs 200 SL RS 145 

Tech 

Buy Birla Corp Target Rs 1650 SL RS 1550 

Funda 

Buy Sun Pharma Target Rs 895 SL RS 845 

Invest 

Buy Colgate target 1800 Duration 6 Months 

News 

Buy Rane Madras Target Rs 425 SL RS 400 

My Choice 

Buy Minda Ind Target Rs 1190 SL RS 1125 

Buy Multibase Target Rs 230 SL RS 215 

Buy CE Infosystems Target 1800 SL 1700 

Best Pick 

Buy Rane Madras Target Rs 425 SL RS 400 

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