Stocks to buy today: 20 shares for profitable trade on November 24
Ahead of the market open, Zee Business research team has shortlisted 20 shares that can help investors mint money. These stocks are identified on daily basis to help investors and traders make profitable trade on a given day.
Amid volatile session, headlines indices Nifty50 and S&P BSE Sensex made a strong recovery after correcting almost 1 per cent in the early trade. Making a comeback, Nifty closed above 17,500 on a positive note as the index was up 86.80 points (0.50 per cent) at 17,503.30, while Sensex ended up 198.44 points (0.34 per cent) at 58,664.33. The recovery was largely led by metal and pharma stocks as JSW steel, Tata Steel, Sun Pharma were among lead gainers on Tuesday.
See Zee Business Live TV Streaming Below:
The Asian markets were trading mixed this morning as Japanese Nikkei 225 was down 197 points to 29,576, Hang Seng Index was up 49 points at 24,701 and Shanghai Composite traded flat at 3,590 around 7.30 am this morning.
Earlier on Tuesday, the wall street indices closed mixed yesterday. Dow Jones gained 194,55 points or 0.55% to close at 35,813.80, Nasdaq Composite ended 0.50 lower or 79.62 points down o 15,775.14 and S&P 500 was up 7.76 points or 0.17% to 4690.70
Ahead of the market open, Zee Business research team has shortlisted 20 shares that can help investors mint money. These stocks are identified on daily basis to help investors and traders make profitable trade on a given day. Zee Business research analysts Varun Dubey and Kushal Gupta prepared a list of 20 shares for Wednesday as well. Take a look:
Varun Dubey Stock Picks
Buy Central Bank Target Rs 21.5 SL RS 20.2
Sell Vedanta FUT Target Rs 340 SL RS 351
Buy Coal India 157.5 CE Target Rs 2 SL RS 1.2
Buy Birlasoft Target Rs 600 Duration 2 Months
Buy TVS Motors Target Rs 740 SL RS 700
Buy Action Construction Target Rs 300 Duration 4 Months
Buy IOB Target Rs 21 SL RS 19.4
Buy Bank of India Target Rs 61.5 SL RS 57.5
Buy IDBI Bank Target Rs 51 SL RS 47.5
Sell Dr Reddy Futures Target Rs 4560 SL RS 4660
Varun's Best Pick
Buy TVS Motors Target Rs 740 SL RS 700
Kushal Gupta stock recommendations
Oil India - Buy - 204, sl - 195
ONGC FUT - Buy - 151, sl - 143
Vodafone Idea Dec 10 CE @1.30 - Buy - 5, sl - 1
Info Edge - Buy - 6200, sl - 5900
Britannia - Buy - 4200, Duration: 6 months
Phoenix Mills - Buy - 1350, Duration: 1 year
Redington India - Buy - 149, sl - 141
Tata Motors - Buy - 650, Duration: 1 year
Bharat Forge - Buy - 766, sl - 738
Hindalco - Buy - 462, sl - 445
Kushal's Best Pick
Phoenix Mills - Buy - 1350, Duration: 1 year
(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.