Stocks to buy today: List of 20 shares for profitable trade on January 13
The Indian markets ended positive for the fourth straight session, third consecutive this week, amid volatility and mixed global cues on Wednesday.
The Indian markets ended positive for the fourth straight session, third consecutive this week, amid volatility and mixed global cues on Wednesday. The broader Nifty50 closed above 18, 200, while the Sensex too added nearly 550 points to end past 61,100. The Nifty closed then day at 18,212.35, while the latter settled for 61,150.04.
"The bullish momentum is continued where Nifty and Sensex end with gain for the fourth consecutive day. It was risk-on sentiment across the globe therefore high beta energy, realty, and auto stocks outperformed while defensive IT and Pharma names underperformed," said Parth Nyati, Founder, Tradingo.
He said if closing above resistance of 18200 opens the door for a fresh all-time high, however, 18342 could be an intermediate hurdle. "On the downside, 18000-17950 will act as an immediate and strong demand zone, while 17800/17640 are the next support levels," he added.
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On Thursday morning, the Asian markets were largely trading in the negative as Nikkei 225 was down nearly 1 per cent, Shanghai Composite was trading lower by 0.18% and Hang Seng Index traded flat with marginal 0.03% gain around 7.35 am.
On Wednesday, major Wall Street indices traded in the negative as Dow Jones gained marginally by 0.11 points, Nasdaq Composite closed higher by 0.23%, S&P500 added 0.28%, while Russell 2000 was seen trading under pressure as the index settled 0.82% lower on Wednesday.
Ahead of the market open, Zee Business research team has shortlisted list of 20 stocks from cash, F&O and techno segments for Thursday. These stocks have been identified to help you maximise profit in intraday to long-term trade. Below is the list of shares shortlisted by Ashish Chaturvedi and Varun Dubey.
Ashish Chaturvedi Stock Picks
CASH
BUY MSTC TARGET 380 SL 350
FUTURES
BUY INFOSYS TARGET 1910 SL 1865
OPTIONS
BUY VOLTAS 1280 CE TARGET 35 SL 22
TECHNO
BUY LG BALA TARGET 721 SL 682
FUNDA
BUY INFO EDGE TARGET 6050 DURATION 2 WEEKS
INVESTMENT PICK
BUY PAGE IND TARGET 52000 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY SPARC TARGET 325 SL 304
MY CHOICE
BUY BLUE DART TARGET 7570 SL 7300
BUY PIDILITE TARGET 2800 SL 2700
BUY GUFIC BIO TARGET 271 SL 258
MY BEST
BUY PAGE IND TARGET 52000 DURATION 9-12 MONTHS
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Varun Dubey Stock Picks
Cash
Buy Oil India Target Rs 226 SL RS 213
Futures
Sell Wipro Target Rs 670 SL RS 700
Options
Buy ONGC 162.5 CE Target Rs 4.5 sL RS 3
Tech
Buy Hind Copper Target Rs 140 SL RS 131
Funda
Buy Lux Ind Target Rs 3800 SL RS 3630
Invest
Buy Mishra Dhatu Target Rs 230 Duration 6 Months
News
Buy Dixon Tech Target Rs 5350 SL RS 5220
My choice
Buy Sandhar tech Target Rs 266 SL RS 250
Buy CDSL Target Rs 1600 SL RS 1500
Buy Selan Exploration Target Rs 160 SL RS 147
Best Pick
Buy ONGC 162.5 CE Target Rs 4.5 sL RS 3
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