Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors’ short-to-long term requirements.
The Indian markets on Thursday closed higher for the second straight session as Sensex grew over 1000 points and Nifty settled above 16900 levels. The surge in the market came on the back of positive global cues and strong buying in heavyweights such as Bajaj Twins as well as Tata Steel on Thursday.
Participants took note of the less aggressive stance from the US Fed which resulted in a firm start, which further strengthened as the day progressed.
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Amongst the sectors, except Telecom, all the other indices ended in green wherein IT, Financials and Realty were the top gainers. The broader markets too participated in the move as both Midcap and Smallcap gained nearly a percent each.
After the US Fed meet, participants are now eyeing US GDP data for further cues and we’ll see the reaction in early trades, Ajit Mishra, VP – Research, Religare Broking Ltd said, adding further that the earnings announcements would continue to trigger stock-specific volatility.
As the Nifty has surpassed the critical hurdle at 16,800, the market is now eyeing 17,400. Participants should continue with a positive bias and use any intermediate pause/dip to add quality names, Mishra said.
Global markets, especially the US, closed higher, as Dow Jones, S&P 500, and Nasdaq each jumped over 1 per cent on Thursday. While Asian markets are trading mixed on Friday, as Japan’s Nikkei was up over 0.5 per cent, China’s Shanghai is down 0.5 per cent, and Hong Kong’s Hang Seng was down over 1 per cent.
Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors’ short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.
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Stocks recommended by Ashish
CASH KA STOCK: BUY GUJARAT ALKALIES TARGET 760 SL 735
FUTURES: SELL DR REDDY 4170 SL 4320
OPTIONS: BUY ICICI BANK 820 CE TARGET 24 SL 13
TECHNO: BUY AVENUE SUPERMARTS 4447 SL 4087
FUNDA: BUY CUMMINS TARGET 1500 DURATION 1 YEAR
INVEST STOCK: BUY INDIAN HOTELS TARGET 300 DURATION 1 YEAR
STOCK IN NEWS: BUY WELSPUN ENT TARGET 105 SL 96.90
MY CHOICE:
BUY BRIGADE ENT TARGET 500 SL 480
BUY SHEELA FOAM TARGET 2975 SL 2800
BUY GNA AXLES TARGET 625 SL 574
MY BEST: BUY DMART 4447 SL 4087
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Stocks recommended by Kushal Gupta
Cash: GMM PFAUDLER – Buy – 1383, SL – 1330
FTR: TVS MOTOR – Buy – 887, SL – 850
OPTN: TECH MAHINDRA 1040 CE@40 – Buy – 60, SL – 30
Techno: KOTAK BANK- Buy – 1880, sl – 1815
Funda: WESTLIFE DEV- Buy – 700, Duration – 1 year
Invest: GABRIEL INDIA – Buy – 170, Duration – 1 year
News: REDINGTON – Buy – 128, sl – 120
Mychoice
TIMKEN INDIA – Buy – 3067, sl – 2930
MANAPPURAM FINANCE BUY 100, SL 95.5
BHARAT FORGE BUY 753, SL 720
Best Pick: TVS MOTOR FUT- Buy – 887, SL – 850
