Stocks to buy today: List of 20 shares for profitable trade on December 22
Domestic equity benchmarks S&P BSE Sensex and the Nifty50 bounced back from continuous losses from the last two days to end 1 per cent higher on Tuesday.
Domestic equity benchmarks S&P BSE Sensex and the Nifty50 bounced back from continuous losses from the last two days to end 1 per cent higher on Tuesday. The indices were backed by information technology (IT) and metal stocks on the back of improving global cues. The S&P BSE Sensex surged 497.00 points to 56,319.01, while the broader Nifty 50 ended at 16,770.85, up 156.65.
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Meanwhile, the Asian markets were back in the green as majority of the indices advanced in the morning trade. Hang Seng Index at the Hong Kong Exchange was up1.12%, Japanese Nikkei 225 was trading higher by 0.10%, Asia Dow traded 0.25% positive and Shanghai Composite gained 0.10 % on Wednesday morning.
On Tuesday, the US markets too ended positive as the Dow Jones gained 1.60%, Nasdaq Composite settled 2.40% higher and S&P 500 too added 1.78% in the closing yesterday.
Ahead of the market open, Zee Business research team presents you a list of 20 stocks that can give you good return on intraday, positional and long-term basis. These stocks have been identified from cash, Future & Options and techno segments to help you make money on a given day. Below is the list of stocks shortlisted by analysts Ashish Chaturvedi and Kushal Gupta:
Ashish Chaturvedi Stock Picks
BUY FINOLEX IND TARGET 235 SL 200
BUY SUN PHARMA TARGET 790 SL 770
BUY HCL TECH 1200 CE TARGET 41 SL 15
BUY GODREJ IND TARGET 650 SL 605
BUY DIXON TECH TARGET 7500 DURATION 12 MONTHS
BUY NMDC TARGET 200 DURATION 12 MONTHS
BUY INDIA CEMENTS TARGET 180 SL 174
BUY POKARNA TARGET 750 SL 680
BUY PRATAAP SNAKCKS TARGET 910 SL 835
BUY JOHNSON CONTROLS HITACHI TARGET 2165 SL 2005
Ashish Best Pick
BUY FINOLEX IND TARGET 235 SL 200
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Kushal Gupta Stock Picks
Vascon Engineers - Buy - 24, sl - 22.5
ONGC - Buy - 140, SL - 133
Hindalco 450 CE@5.80 - Buy - 12, SL - 3
MOIL - Buy - 182, sl - 173
Kotak Mahindra Bank - Buy - 2100, Duration: 6 months
Mahanagar Gas Buy 1000, Duration 6 Months
IIFL Wealth - Buy - 1420, sl - 1365
Paytm - Buy - 1350, sl - 1295
Nelcast - Buy - 88, SL - 82
Fedral Bank Buy 84, sl 79
Kushal Gupta Best Pick
Hindalco 450 CE@5.80 - Buy - 12, SL - 3
(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.)
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