Stocks to buy today: IRCTC, ICICI Lombard, Biocon and Concor among list of 20 stocks for profitable trade on Aug 29
Stocks to buy today: IRCTC, ICICI Lombard, Biocon and Concor among list of 20 stocks for profitable trade on Aug 29
The Indian market ended with marginal gains on Friday, but cues from SGX Nifty, Asian markets and US markets remained negative on Monday morning. SGX Nifty at the Singaporean exchange declined 384 points to 17,275.0 in early trade on Monday, while Dow Jones tanked over 1000 points, Nasdaq index ended lower by nearly 500 points and S&P 500 declined 141 points in the US markets on Friday.
On Monday, the Asian market also were trading with weakness in early trade as Japanese Nikkei 225 was down over 800 points, Hang Seng Index at the Hong Kong Exchange dropped 200 points and Chinese Shanghai Composite was trading lower by 23 points in early morning trade
Meanwhile, amid weak global markets, Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors' short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.
Kushal Gupta Stock Picks
Cash
Jubilant Pharmova - Buy - 347, sl - 331
FTR
Infosys - Sell - 1490, sl - 1555
OPTN
IRCTC 720 - Buy - 50, sl - 28
Techno
HDFC Bank - Sell - 1445, sl - 1500
Funda
ICICI Lombard - Buy - 1500 Duration - 6 months
Investment
Ultratech Cement - Buy - 7800 Duration - 1 year
News
Rolex Rings - Buy - 1840, sl - 1770
My Choice
Balkrishna Ind - Sell - 2000, sl - 2085
Bandhan Bank - Sell - 280, sl - 294
Coforge - Sell - 3450, sl - 3600
Best Pick
IRCTC 720 PE@36 - Buy - 50, sl - 28
Ashish Chaturvedi Stock Picks
CASH
BUY HARRISON MALYALAM TARGET 174 SL 165
FUTURES
SELL GLENMARK TARGET 368 SL 381
OPTIONS
BUY BIOCON 305 PE TARGET 14 SL 6
TECHNO
BUY CONCOR TARGET 850 SL 680
FUNDA
BUY ALLCARGO LOG TARGET 410 DURATION 9-12 MONTHS
INVEST STOCK
BUY WESTLIFE TARGET 775 DURATION 12 MONTHS
STOCK IN NEWS
BUY RITES TARGET 300 SL 285
MY CHOICE
SELL CUB TARGET 180 SL 189
SELL BHARAT FORGE TARGE 729 SL 740
SELL NAVIN FLUORINE TARGET 4200 SL 4275
MY BEST
BUY BIOCON 305 PE TARGET 14 SL 6
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