Stocks to buy today: Bet on these stocks from cash, F&O and techno segments for profitable trade on March 15

Powered by banking, IT and financial stocks, the Indian market finished in the green for the fifth straight session amid cooling off crude oil prices on Monday. Benchmarks Nifty 50 closed just shy of 16,900. The 50-share index gained 1.45% to end at 16,871.3, while the barometer Sensex ended higher by 1.68% or 936 points to 56,486.02.  

The Nifty Bank added more than 700 points to settle above 35,300. Buying interest was seen in banking, financial services, media, IT, consumer durables and autos, while Realty, oil & gas, metal and pharma declined in a positive market. 

Vijay Dhanotiya,  Lead of Technical Research at CapitalVia Global Research Limited, said that sustaining above 16,800 will be crucial for the market to stay positive.   

"The market witnessed some positive movement and an attempt to hold the market above the levels of 16800. Market research suggests that sustaining above 16800 will be an important level for the market to stay positive in the short term," said Dhanotiya. 

If the market sustains above the support levels, we expect the market to stay positive till the level of 17200, he said. "The momentum indicators like RSI and MACD indicating positive side momentum in the market," he added.  

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On Tuesday morning, Asian markets were trading largely negative as Japanese Nikkei 225 was trading flat, while Hang Seng index and the Hong Kong Exchange dropped more than 3% and Chinese Shanghai Composite fell nearly 2% around 7.15 am.  

SGX Nifty, which indicates trends for the Indian market, was also down trading lower by 118 points to 16,765 on the Singaporean exchange around the same time.  

Meanwhile, the US markets ended in the red on Monday ahead of FOMC meeting. Dow Jones closed flat, while Nasdaq Composite and S&P500 dropped 2.04% and 0.74% respectively.  

Meanwhile, ahead of the market open, Zee Business brings you a list of stocks for profitable trade. These stocks have been picked from cash, F&O and techno segments to help investors maximize their return. The stocks are shortlisted with short-term, positional and long-term view. Below is the list of stocks.

Varun Dubey Stock Picks

Cash
Buy Rane Brakes Target Rs 635 SL RS 595

Futures
Sell IOC Target Rs 115 SL RS 120.5

Options
Buy HAL 1400 CE Target Rs 65 SL RS 45

Tech
Buy Nippon India Target Rs 340 SL RS 318

Funda
Buy Pfizer Target Rs 4500 SL RS 4300

Invest
Buy Himatsingka Siede Target Rs 200 Duration  4 to 6 months

News
Buy Taneja Aerospace Target Rs 104 SL Rs 97

My Choice
Buy Kansai Nerolac Target Rs 470 SL RS 440
Buy Bank of Baroda Target Rs 112 SL RS 105
Sell Petronet LNG Target Rs 200 SL RS 208

Best Pick
HAL

Kushal Gupta Stock Picks

Cash
Indigo Paints - Buy - 1670, sl - 1600

FTR
Berger Paints FUT - Buy - 700, sl - 670

OPTN
ONGC 172.5 PE@ 6.35 - Buy - 10, sl - 4

Techno
NALCO - Sell - 114, sl - 119

Funda
Gujarat Gas - Buy - 530, sl - 505

Investment
Ashok Leyland Buy 140, Duration 6 Months

News ke Dum par
Seshasayee Paper Buy 171, Sl 162

My Choice
GSPL Buy 276, Sl 261
Bandhan Bank Buy 277, Sl 262
Indian Hotels Buy 211 sl 202

My Best 
Gujarat Gas - Buy - 530, sl - 505

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)