The Indian markets traded lackluster on Monday and ended almost on a flat note, taking a breather after the recent surge
The Indian markets traded lackluster on Monday and ended almost on a flat note, taking a breather after the recent surge.
Initially, the benchmark opened lower, tracking mixed global sentiment and a sharp cut in the IT majors post TCS numbers however outperformance of the banking pack capped the downside. And, buying in auto, metal and oil & gas space further trimmed the losses as the day progressed.
Eventually, the Nifty settled almost unchanged at 16,216 levels. Meanwhile, buoyancy on the broader front kept the traders busy.
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MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.8% to its lowest level in two years, while Japan`s Nikkei lost 1.75%.
Meanwhile, irrespective of how the market reacts, Zee Business brings you a list of 20 stocks for profitable trade religiously on a daily basis. These stocks are picked from cash, techno and F&O space with short-to-long-term time horizon. It also includes intraday calls.
The list is made in such a way that it helps investors make profit on their capital in a stipulated period of time. Below is the list of such stocks on Tuesday.
Shares recommended by Varu Dubey
Cash: Buy Suryoday Small Finance Target Rs 88 SL RS 83
Futures: Sell Tata Motors FUT Target Rs 425 SL RS 445
Options: Infosys 1460 PE Target Rs 43 SL 30
Tech: Buy Deepak Nitrite Target Rs 1900 SL RS 1800
Funda: Buy Jubilant Food Target Rs 605 SL RS 570
Investing: Buy Thermax Target Rs 2500 Duration 6 Months
News: Buy Ahluwalia Contracts Target Rs 430 SL RS 406
My Choice:
Buy HPCL Target Rs 252 SL RS 238
Sell Vedanta FUT Target Rs 223 SL RS 234
Sell Manappuram Finance FUT Target Rs 89 SL 93
Best Pick: Buy Ahluwalia Contracts Target Rs 430 SL RS 406
Read More: Stocks to Watch Today: HCL Tech, Delta Corp, 5paisa Capital, and Others
Shares recommended by Kushal Gupta
Cash: Tejas Networks – Buy – 472, sl – 453
FTR: M&M Finance FUT – Sell – 190, sl – 200
OPTN: RBL Bank 87.50 PE@ 4.50 – Buy – 9, sl – 2
Techno: HUL FUT Sell 2420, Sl 2520
Funda: Hindalco FUT – Sell – 348, sl – 363
Invest: Bharti Airtel – Buy – 800, Duration – 12 Months
News: D-Link – Buy – 132, sl – 124
Mychoice:
HDFC Bank FUT – Sell – 1360, sl – 1420
Axis Bank FUT – Sell – 660, sl – 690
Star Health Buy 565, Sl 542
Best Pick: Hindalco FUT – Sell – 348, sl – 363
