Stocks to buy today: List of 20 stocks for profitable trade on January 6

The Indian markets on Wednesday closed almost 6-week high as it extended gains for the third straight session this year, led by banking and financials-based rally. The BSE Sensex and Nifty50 – closed above key level of 60000 and 17900 respectively, while broader markets closed mixed.

The US indices closed in the red, with Nasdaq falling most by over 3 per cent, followed by S&P 500 down nearly 2 per cent and Dow Jones slipped over 1 per cent on Wednesday. Following the global markets, even Asian markets witness decline as Japan’s Nikkei down over 2 per cent on Thursday.

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Ahead of the market open, Zee Business research team has identified 20 stocks for profitable trade on Thursday. These stocks have been picked from cash, F&O and techno segments to help you make most of the stock market trading and investment. Below is the list of 20 stocks identified by Ashish Chaturvedi and Varun Dubey:

Stock recommended by Ashish

CASH KA STOCK: BUY GLOBUS SPIRITS TARGET 1600 SL 1500

FUTURES: BUY TRENT TARGET 1112 SL 1060

OPTIONS: BUY MARUTI 7800 CE TARGET 321 SL 155

TECHNO: BUY SCHAEFFLER INDIA TARGET 10300 DURATION 1 MONTH

FUNDA: BUY INDIAN BANK 160 DURATION 1 MONTH

INVESTMENT PICK: BUY KAJARIA CER TARGET 1600 DURATION 12 MONTHS

STOCK IN NEWS: BUY COAL INDIA TARGET 156.50 SL 152.50

MY CHOICE

SELL BSOFT TARGET 537 SL 560

BUY BRITANNIA TARGET 3800 SL 3600

BUY AB MONEY TARGET 74 SL 64.80

MY BEST

BUY SCHAEFFLER INDIA TARGET 10300 DURATION 1 MONTH

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Stocks Recommended by Varun

Cash: Buy Hinduja Global Target Rs 3700 SL RS 3530

Futures: Buy Axis Bank Target Rs 760 SL RS 715

Options: Buy Infosys 1840 PE Target Rs 60 SL RS 43

Tech: Buy Gujarat Fluoro Target Rs 3000 Duration 2 Months

Funda: Buy KEI Ind Target Rs 1200 SL RS 1130

Invest: Buy Vijaya Diagnostics Target Rs 750 DUration 4 to 6 months

In News: Buy Rane Madras Target Rs 400 SL RS 375

My Choice

Sell Shriram Transport Target Rs 1210 SL RS 1265

Sell Interglobe Target Rs 1920 SL RS 2000

Sell Godrej Prop Target Rs 1875 SL Rs 1960

Best Pick

Buy Rane Madras Target Rs 400 SL RS 375