The Indian market slipped marginally on Monday after trading in the green for most part of session, however cues from Asian markets were mixed on Tuesday.
The Indian market slipped marginally on Monday after trading in the green for most part of session, however cues from Asian markets were mixed on Tuesday. SGX Nifty, which hints at opening trend for the domestic market, was trading over 50 points higher in the early trade on the Singaporean exchange on Tuesday.
Read More : Opening Bell: Nifty, Sensex open flat; auto gains, FMCG, IT stocks drag
Meanwhile, Japanese Nikkei 225 was trading lower by 0.2%, Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite were trading flat with positive bias.
Earlier, all three major U.S indices stocks ended higher on Monday amid gains from banks and a rebound in market-leading tech shares. Dow Jones ended nearly 2% higher, Nasdaq settled with around 1.6% gain and S&P 500 added over 1.8% on Monday’s closing.
Meanwhile, Zee Business research team brings you a list of 20 stocks that could be bought for robust returns on a short-term, positional and long-term basis. These stocks have been picked from cash, F&O and techno segments, and also include intraday calls. Investors can bet on these stocks to make money from their investments. The stocks are also identified based on the development surrounding them.
Below is the list of stocks for profitable trade on May 24.
Ashish Chaturvedi Stock Picks
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CASH STOCK
BUY DOLLAR IND TARGET 530 SL 490
FUTURES
BUY KOTAK BANK TARGET 1900 SL 1835
OPTIONS
BUY M&M 940 CE TARGET 15 SL 5
TECHNO
BUY KAJARIA CERAMICS TARGET 1235 SL 1000
FUNDA
BUY SUN PHARMA TARGET 1060 DURATION 6-9 MONTHS
IPL STOCK
BUY KSB LTD TARGET 1835 DURATION 12 MONTHS
STOCK IN NEWS
BUY SHILPA MEDICARE 450 SL 400
MY CHOICE
SELL GODREJ PROP TARGET 1285 SL 1325
SELL HCL TECH TARGET 994 SL 1030
BUY CEBBCO TARGET 66 SL 62.20
MY BEST
BUY KAJARIA CERAMICS TARGET 1235 SL 1000
Kushal Gupta Stock Picks
Cash
Olectra Greentech – Buy – 580, sl – 558
FTR
BEL – Sell – 224, sl – 234
OPTN
JSW Steel 550 [email protected] – Buy – 25,sl – 11
Techno
Wipro – Buy – 480, sl – 461
Funda
Rajratan Global Wire – 800
Duration – 6 months
IPL
Maruti Suzuki – Buy – 9500
Duration – 1 year
News
SAIL – Sell – 72, sl – 75.5
Mychoice
Britannia – Buy – 3560, sl – 3430
Best Pick
Rajratan Global Wire – 800
Duration – 6 months
Earlier, the broader Nifty50 closed around 16, 200 and Sensex ended marginally lower by nearly 38 points to close around 54, 300 as Metal Index corrected over 8% amid imposition of export duty on steel proucts.
