Stocks to buy: AIA Engineering, Indus Tower, Jyothy Lab and Vedanta among list of 20 stocks for profitable trade on June 16
After the US Federal Reserve hiked interest rate by 75 bps on expected lines, the cues from Asian and global markets were largely positive
After the US Federal Reserve hiked interest rate by 75 bps on expected lines, the cues from Asian and global markets were largely positive.
SGX Nifty Futures traded higher by around 120 points on the Singaporean exchange, while Japanese Nikkei 225 gained nearly 1.5% in the morning trade on Thursday.
Besides, major US indices too ended in the green on Wednesday. US benchmarks Dow Jones, Nasdaq and S&P 500 ended higher by 1%, 2.5% and 1.4% respectively after the Fed rate hike came on the expected lines.
Meanwhile, ahead of the market opening, Zee Business brings you a list of stocks for profitable trade on June 16. These stocks have been picked from cash, F&O and techno space to help investors make money in the short-term to long-term and also include intraday calls. Below is the list of stocks:
Ashish Chaturvedi Stock Picks
CASH KA STOCK
BUY AIA ENGINEERING TARET 2220 SL 2076
FUTURES
BUY INDUS TOWER TARGET 208 SL 200
OPTIONS
BUY LTTS 3300 CE TARGET 155 SL 95
TECHNO
BUY PITTI ENG TARGET 400 SL 300
FUNDA
BUY RADICO KHAITAN TARGET 1000 DURATION 1 YEAR
INVEST STOCK
BUY AEGIS LOGISTICS TARGET 285 DURATION 1 YEAR
STOCK IN NEWS
BUY MAHINDRA LIFE TARGET 422 SL 398
MY CHOICE
SELL INTERGLOBE AVIATION TARGET 1695 SL 1760
BUY MAHINDRA CIE TARGET 211 SL 195
BUY BHARAT DYNAMICS TARGET 840 SL 800
MY BEST
BUY INDUS TOWER FUT TARGET 208 SL 200
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Varun Dubey Stock Picks
Cash
Buy Jyothy Labs Target Rs 158 SL Rs 149
Futures
Buy Vedanta Target Rs 300 SL RS 287
Options
Buy Titan 2100 CE Target Rs 85 SL Rs 58
Tech
Sell AB Fashion Futures Target Rs 234 SL RS 243
Funda
Buy Axis Bank Target Rs 670 SL RS 640
Invest
Buy Sona Blw Target 750, Duration 6 Months
News
Buy Voltamp Transformer Target Rs 2460 SL RS 2320
My Choice
Buy Tata Steel Target Rs 990 SL RS 950
Buy Veranda Learning Target Rs 263 SL RS 248
Buy Tube Investment Target Rs 1600 SL RS 1530
Best Pick
Buy Axis Bank Target Rs 670 SL RS 640
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