Stocks to buy today: List of 20 stocks for profitable trade on February 10

The Indian markets ended higher by more than 1 per cent on Wednesday ahead of the Reserve Bank of India's monetary panel committee's meeting outcome and mixed global cues today, Thursday. All broader market indices closed in the green as the benchmarks Nifty50 and the S&P BSE Sensex led from the front. The former ended above 17,400 and the Sensex gained over 650 points to close at 17,463.80 and 58,465.97 respectively. Except for PSU Bank and Oil & gas, all sectoral indices also closed in the green on Thursday.  

"Technically, Nifty is giving a proper follow-up of bullish hammer candlestick formation formed near psychological support of 17000 and managed to close above its 50-DMA however there are still multiple resistances like 17500/17650 before 17800 level.   On the downside, 17000-16800 is a critical base while 17300 will act as an immediate support level," said Parth Nyati, Founder, Tradingo, in post market commentary. 

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On Thursday morning, the Asian markets were trading nearly flat. Japanese Nikkei 225 was trading 0.20% higher, Hang Seng index was flat with negative bias and Shanghai Composite too was trading flat but with positive bias around 7.50 am on Thursday.  

Earlier, the wall Street indices closed higher as Dow Jones gained 0.86, Nasdaq Composite settled with 2.08% gains and S&P 500 was up 1.45% in the closing trade on February 9.  

Ahead of the market opening, Zee Business brings you a list of stocks to buy for profitable trade on Thursday. Take a look: 

Ashish Chaturvedi Stock Picks  

CASH STOCK 

BUY BALMER LAWRIE TARGET 131.5 SL 125 

FUTURES 

BUY CHOLA INVEST TARGET 699 SL 675 

OPTIONS 

BUY SBIN 540 CE TARGET 15.50 SL 8.10 

TECHNO 

BUY MAITHAN ALLOYS TARGET 1136 SL 980 

FUNDA 

BUY SANDUR MANGENESE TARGET 2885 DURATION 1 WEEK 

INVESTMENT PICK 

BUY NAVA BHARAT VENTURES TARGET 170 DURATION 9-12 MONTHS 

STOCK IN NEWS 

BUY TATA COFFEE TARGET 220 SL 208 

MY CHOICE 

BUY CCL PROD. TARGET 503 SL 480 

BUY PARAS DEFENCE TARGET 720 SL 680 

BUY AU SMALL FINANCE BANK TARGET 1390 SL 1357 

MY BEST 

BUY NAVA BHARAT VENTURES TARGET 170 DURATION 9-12 MONTHS 

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Kushal Gupta Stock Picks 

CASH 

Shyam Metalics & Energy - Buy - 351, sl - 335 

FTR 

Petronet LNG - Buy - 224, sl - 215 

OPTN 

Trent 1080 CE @ 40, Buy 60, SL 32 

TECHNO 

ICICI Bank - Buy - 828, sl - 792 

FUNDA 

Hindalco - Buy - 650 

Duration - 3 months 

Investment 

Sobha buy 1050, Duration 1 Year 

Stock in News 

Birla Cable Buy 118, Sl 114 

My choice 

Relaxo Footwear Buy 1350, Sl 1292 

Maruti Buy 9200, sl 8850 

Hero Motocorp Buy 3200, Duration 1 Year 

My best 

Birla Cable Buy 118, Sl 114