A day after the Indian market extended the rally to fourth day, the cues from Asian markets on Tuesday morning were negative as almost all major indices were trading lower in the early trade.
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A day after the Indian market extended the rally to fourth day, the cues from Asian markets on Tuesday morning were negative as almost all major indices were trading lower in the early trade. Hinting at a negative opening, the SGX Nifty declined by almost 100 points on the Singaporean exchange around 8am on Tuesday.
Japanese Nikkei 225 dropped 1.6%, Hang Seng Index fell by nearly 3% and Chinese Shanghai Composite was trading lower by 2.3% in early trade on Tuesday.
Earlier, the US market ended flat with marginal cuts on Monday. Dow Jones declined by 0.14%, Nasdaq fell 0.18% and S&P 500 closed lower by 0.28%.
Meanwhile, Zee Business research team 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 movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Below is the full list of stocks identified by Zee Business research analysts on Tuesday.
Ashish Chaturvedi Stock Picks
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CASH
BUY PUNJAB ALKALIES TARGET 1450 SL 1300
FUTURES
BUY APOLLO HOSP TARGET 4400 SL 4240
OPTIONS
BUY GLENMARK 380 PE TARGET 18 SL 10
TECHNO
BUY JB CHEM TARGET 1900 SL 1700
FUNDA
BUY COAL INDIA TARGET 240 SL 198
INVEST STOCK
BUY ABBOTT INDIA TARGET 24000 DURATION 6-9 MONTHS
STOCK IN NEWS
BUY TBZ TARGET 75.50 SL 72
MY CHOICE
SELL METROPOLIS FUT TARGET 1565 SL 1600
BUY AARTI SURF TARGET 800 SL 760
BUY NHPC TARGET 38 SL 33
MY BEST
BUY COAL INDIA TARGET 240 SL 198
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Kushal Gupta Stock Recommendations
Cash
Castrol India – Buy – 117, sl – 111
FTR
Escorts FUT – Sell – 1650, sl – 1725
OPTN
Hero Motocorp 2840 PE@91 – Buy – 110, sl – 80
Techno
Eicher Motors FUT – Sell – 2990, sl – 3110
Funda
ITC – Buy – 390, Duration – 1 year
Invest
Bharti Airtel – Buy – 840, Duration – 1 year
News
Max Financial FUT – Sell – 860, sl – 892
Mychoice
Granules India – Buy – 318/325, sl – 300
NMDC FUT – Sell – 105, sl – 109
ONGC FUT – Sell – 132, sl – 138
Best Pick
ITC – Buy – 390, Duration – 1 year
