FAST MONEY: Chambal Fertilizers, Triveni Turbine among key stocks to make money today

The Sensex and Nifty are expected to open lower on Wednesday tracking muted trend in Asian markets which edged up but investors were cautious after US President Donald Trump tempered optimism over progress made so far in trade talks between the world’s two largest economies.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.15 per cent while Japan’s Nikkei lost 0.2 per cent.

On Wall Street, the S&P 500 shed 0.31 per cent overnight, losing steam after hitting a two-month high.

On Wednesday, the Sensex settled at 34,651.24, up 35.11 points or 0.1 per cent from its previous session's close of 34,616.13 points. The broader Nifty50 closed at 10,536.70, up 20 points or 0.19 per cent from its previous close of 10,516.70.

In terms of investments, provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 1,651.63 crore, while the domestic institutional investors bought stocks worth Rs 1,496.83 crore.

Here are key intraday tips:

1) Chambal Fertilizers (Buy)

Target: Rs 169
Stoploss: Rs 163

Promoters bought 80,000 shares on May 21
Promoter Yashovardhan Investment & Trading Co bought these shares

2) Insecticides India (Buy)

Target: Rs 800
Stoploss: Rs 775

Buying in agri-linked stocks
The stock is trading above key averages

3) Triveni Turbine (Buy)

Target: Rs 105
Stoploss: Rs 97

Income surged 33% to Rs 35.4 crore (YoY)
Profit gained 33% to Rs 244 crore (YoY)
Q4 margin now 24.35% from 20.3%

WATCH ZEE BUSINESS VIDEO HERE

4) India Glycols (Buy)

Target: Rs 540
Stoploss: Rs 518

Buying in chemical stocks
Buying after 5-day long selling spree

5) Orient Abrasives (Buy)

Target: Rs 37
Stoploss: Rs 35

The company turned profitable in Q4 
It reported Rs 6.5 crore profit compared to Rs 3.6 crore losses previously

(Stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)