Even though the market continues to trade with volatility, Zee Business research team religiously brings you a list of 20 stocks that can be bought for profitable trade.
Even though the market continues to trade with volatility, Zee Business research team religiously brings you a list of 20 stocks that can be bought for profitable trade. The list comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. Based on news development and share movement, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Below is the list of stocks identified by Zee Business research analysts Kushal Gupta and Ashish Chaturvedi.
Kushal Gupta Stock Picks
CASH
West Coast Paper – Buy – 343, sl – 329
FUTURES
RBL Bank – Buy – 116, sl – 110
OPTIONS
Canara Bank 200 CE – Buy – 18, sl – 4
TECHNO
Infosys – Buy – 1455, sl – 1400
FUNDA
ICICI Bank – Buy – 870 Duration – 6 months
IPL
Torrent Pharma – Buy – 3330 Duration – 6 months
STOCKS IN NEWS
ONGC – Buy – 157, sl – 150
MY CHOICE
Shriram Transport Fin – Buy – 1186, sl – 1140
Tata Steel – Buy – 1080, sl -1035
JSPL Buy 410, Sl 390
MY BEST
RBL Bank – Buy – 116, sl – 110
Read More:-Infosys CEO Salil Parekh’s Salary Jumps to Rs 71 crore After 43% Hike in 2021-22
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Ashish Chaturvedi Stock Picks
CASH STOCK
BUY WONDERLA TARGET 215 SL 200
FUTURES
BUY HDFC BANK TARGET 1410 SL 1358
OPTIONS
BUY NAUKRI 3600 CE TARGET 265 SL 165
TECHNO
BUY GODFREY PHILLIPS TARGET 1350 SL 1198
FUNDA
BUY ALLCARGO TARGET 385 DURATION 12MONTHS
IPL STOCK
BUY BLUEDART TARGET 8800 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY HEALTHCARE GLOBAL TARGET 285 SL 270
MY CHOICE
BUY SBI CARDS TARGET 780 SL 750
BUY GSFC TARGET 160 SL 150
BUY BALKRISHNA IND TARGET 2334 SL 2150
MY BEST
BUY ALLCARGO TARGET 385 DURATION 12 MONTHS
Meanwhile, cues from Asian markets were positive for the Indian market as all major indices, including SGX Nifty, was trading higher in the early trade on Friday.
SGX Nifty Futures was trading higher by nearly 150 points on the Singaporean exchange on Friday morning. Besides, Japanese Nikkei 225, Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite were trading higher by 0.67%, 3.09% and 0.70% around 8.15 am on Friday.
Read More:-Moody’s cuts India GDP growth forecast, says inflation will eat into economy; Check revised estimate
On Thursday, the US markets too ended with gains. Dow Jonse closed higher by 1.6%, Nasdaq was up by 2.6% and S&P 500 rose nearly 2% on Thursday’s closing.
Earlier, the Indian market closed with nearly one per cent gain as benchmarks sanpped a three-day losing streak on Thursday.