Stocks to buy today: List of 20 stocks for profitable trade on February 3
Domestic equity markets ended in the green for the third consecutive session on Wednesday on back of budget announcements.
Domestic equity markets ended in the green for the third consecutive session on Wednesday on back of budget announcements. Headline indices Nifty50 and the Sensex settled with gains of 1.16% and 1.18 per cent respectively, riding high on banking, financial, IT and pharma shares.
On Thursday, Japanese Nikkei 225 was trading lower by 1.17 %, while no trading was seen on Hang Seng index and Shanghai Composite. Hinting flat opening for the Indian markets, SGX Nifty was trading flat with negative bias at around 8 am on the Singaporean Exchange on Thursday.
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Earlier on Wednesday, the US market continued its upward rally as major indices ended in the green on Wall Street. Dow Jones closed with gains of 0.63%, Nasdaq Composite ended 0.50% higher, and S&P 500 closed higher by 0.94% on Wednesday.
Meanwhile, ahead of the market open, Zee Business research team has shortlisted 20 stocks from cash, F&O and techno segments. These stocks have been identified with intraday, positional trade and long-term investment perspective. Take a look:
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY ANTONY WASTE TARGET 346 SL 324
FUTURES
BUY CANARA BANK TARGET 275 SL 266
OPTIONS
BUY RECL 145 CE TARGET 3.60 SL 2.05
TECHNO
BUY JB CHEM TARGET 1916 SL 1823
FUNDA
BUY HERO TARGET 3105 DURATION 3 MONTHS
INVESTMENT PICK
BUY NMDC TARGET 180 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY PNB TARGET 45 SL 41
MY CHOICE
BUY CAMS TARGET 3147 SL 2877
BUY GOKALDAS EXPORT TARGET 433 SL 408
SELL APOLLO TYRES FUT TARGET 216, SL 228
MY BEST
BUY ANTONY WASTE TARGET 346 SL 324
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Varun Dubey Stock Picks
Cash
Buy Zuari Agro Target Rs 126 SL RS 118
Futures
Sell MRF Target Rs 70500 SL RS 72100
Options
Buy Tata Steel 1160 PE Target Rs 53 SL RS 37
Tech
Buy PI Ind Target Rs 2600 SL RS 2480
Funda
Buy Bharat Dynamics Target Rs 511 SL RS 477
Invest
Buy GNA Axles Target 800 Duration 6-8 Months
News
Buy M&M Finance Target Rs 177 SL RS 165
My Choice
Buy IIFL Wealth Target Rs 1700 SL RS 1590
Buy Mahindra Holidays Target Rs 226 SL RS 210
Buy Tata Consumer Target 760, SL 735
My Best
Buy GNA Axles Target 800 Duration 6-8 Months
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