Stocks to buy today: List of 20 stocks for profitable trade on December 29

The India markets ended higher on Tuesday for second consecutive day amid positive global cues. Domestic equity benchmarks Nifty50 and the S&P BSE Sensex settled with gains of 0.86% and 0.83% respectively as Nifty closed above crucial 17, 200, while the 30-share index ended over 470 points higher. Asian Paints, Sun Pharma, Mahindra & Mahindra, Titan Ultratech Cement, NTPC were top contributors to the indices taking them forward. Powergrid, IndusInd Bank were the losers on both indices as 28 shares advanced on the Sensex and 48 on the Nifty.  

Meanwhile, the trends were mixed today as the Asian market were trading negative on Wednesday morning, while the US market too closed mixed on Tuesday.  

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Among the Asian market indices, Nikkei 225 was trading lower by 0.80%, Hang Seng index 0.85 and Shanghai Composite was down 0.40% around 7.30 am on Wednesday.  

On Tuesday, Nasdaq Composite closed 0.56% lower, S&P 500 0.10% down, Russell 2000 ended 0.66% negative, while the Dow Jones gained 0.26% on Tuesday's closing.  

Ahead of the market open Zee Business research team brings you a list of 20 stocks for profitable trade. These stocks are identified from cash, F&O and techno segments on daily basis to help investors make money in intraday, positional trade and long-term investment. Below is the list of stocks identified by Ashish Chaturvedi and Kushal Gupta to help you make a profitable trade on Wednesday. 

Ashish Chaturvedi's Stock Picks 

BUY AVADH SUGAR TARGET 480 SL 451   

BUY L&T INFOTECH 7410 SL 7200   

BUY GCPL 970 CE TARGET 12 SL 2   

BUY SUMITOMO CHEM TARGET 405 SL 370   

BUY LT TARGET 2300 DURATION 12 MONTHS   

BUY BANNARI AMMAN SPINNING MILLS TARGET 140 DURATION 12-18 MONTHS   

BUY AMARA RAJA TARGET 630 SL 610   

BUY INDORAMA SYNTHETICS TARGET 63 SL 54 

BUY BIRLASOFT TARGET 580 SL 520 

BUY SJVN TARGET 31 SL 28.65 

MY BEST 

BUY BANNARI AMMAN SPINNING MILLS TARGET 140 DURATION 12-18 MONTHS 

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Kushal Gupta Stock Picks 

Rupa & Company - Buy - 423, sl - 405   

Escorts - Buy - 1930, SL - 1860   

Glenmark Pharma 510 JAN CE @25.30 - Buy - 35, SL - 20   

Tata Motors DVR - Buy - 243, sl - 234   

Tata Consumer Products - Buy - 870, Duration: 6 months   

GNFC Buy - 517, Duration - 3 months   

Natco Pharma - Buy - 915, sl - 880   

Dr Lal Path Buy 3662, SL 3535 

NMDC FUT Sell 129, sl 135 

Tata Steel FUT Sell 1095, SL 1140 

Best Pick 

Glenmark Pharma 510 JAN CE @25.30 - Buy - 35, SL - 20