Stocks to Buy on Monday – Ambuja Cements, Emami, EIH Associated Hotels shares - The stock markets will likely carry the momentum of Thursday’s trading session when the markets reopen on Monday after a long weekend, analyst Sandeep Jain says. Markets were closed on Friday on account of Ganesh Chaturthi. The Director of Tradeswift said that the action in mid cap and small cap was also robust. He said that Bank Nifty, which has been an underperformer will do the catching up next week. He said that there will be ample opportunities for buying next week.   

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Stocks to Buy – Ambuja Cements share – Jain recommended Ambuja Cements Limited share as his intraday Futures and Options (F&O) pick for Monday. This stock ended at Rs 438.30 on the NSE on Thursday, up by 0.5 per cent from the last closing price on Wednesday.

He puts the target price at Rs 445 and the stop loss at Rs 434.

Stocks to Buy – Emami share – Another stock picked by him was from the cash markets and he picked Emami Limited shares as his intraday Monday pick. This stock ended at Rs 605.50 on the NSE, yp by over 4.6 per cent from the Wednesday closing price.

He puts the target at Rs 625 while the stop loss at Rs 593.

Stocks to Buy – EIH Associated Hotels share – Jain picked EIH Associated Hotels Limited share as his positional term pick for high returns. He said that this is a stock from the unlock theme. It has been a beneficiary of revenge tourism.  

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The stock was up almost 3.2 per cent on the NSE on Thursday and settled at Rs 325.85. He puts the target price at Rs 350-Rs 360 while the stop loss at Rs 310.