Even as the Indian market extended winning streak to the third day on Tuesday, the cues from Asian markets were bullish on Wednesday.
Even as the Indian market extended winning streak to the third day on Tuesday, the cues from Asian markets were bullish on Wednesday. All major Asian indices were trading higher in the morning trade on Wednesday.
Hinting at a positive opening for the domestic market, SGX Nifty rose by nearly 200 points on the Singaporean Exchange in early trade. Likewise, Nikkei 225 surged 2.3%, Hang Seng Index at the Hong Kong Exchange was trading higher by almost two per cent and Chinese Shanghai Composite gained 0.7% on Wednesday morning.
In the overnight closing, the US benchmarks Dow Jones ended 2.4% higher, Nasdaq Index gained more than 3% and S&P 500 ended higher 2.7% in the US market on Tuesday.
Meanwhile, irrespective of market conditions, Zee Business brings you a list of 20 stocks for profitable trade 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 Wednesday.
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Ashish Chaturvedi Stock Picks
CASH STOCK
BUY GNA AXLES TARGET 645 SL 600
FUTURES
BUY CUB TARGET 164 SL 155
OPTIONS
BUY COAL INDIA 200 CE TARGET 4 SL SL 1.90
TECHNO
BUY AXIS BANK TARGET 715 SL 695
FUNDA
BUY KENNAMETAL INDIA TARGET 2500 DURATION 6 MONTHS
INVEST STOCK
BUY AIA ENG TARGET 2920 DURATION 12 MONTHS
STOCK IN NEWS
BUY VEDL TARGET 245 SL 230
MY CHOICE
BUY TITAGARH WAGONS TARGET 135 SL 126
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BUY IPCA LABS TARGET 1050 SL 1000
BUY SHOPPER STOP TARGET 590 SL 554
MY BEST
BUY TITAGARH WAGONS TARGET 135 SL 126
Kushal Gupta Stock Picks
Cash
MRPL – Buy – 76, sl – 71
FTR
ONGC – Buy – 133, sl – 124
OPTN
HUL 2560 CE@ 38 – Buy – 55, sl – 40
Techno
ICICI Bank – Buy – 800, sl – 772
Funda
Grasim – Buy – 1700
Duration – 1 year
Invest
Eicher Motors – Buy – 3600
Duration – 1 year
News
Krsnaa Diagnostics – Buy – 585, SL – 561
Mychoice
Voltas – Buy – 1080, sl – 1040
DLF – Buy – 370, sl – 355
Tata Steel – Buy – 947, sl – 910
Best Pick
ONGC – Buy – 133, sl – 124
