Stocks to buy today: List of 20 stocks for profitable trade on June 20
The cues from Asian markets on Monday were suggesting further weakness.
The cues from Asian markets on Monday were suggesting further weakness. SGX Nifty Futures, which indicates opening trade of the Indian market, were trading lower by more than 50 points. Besides, major Asian benchmarks, Japanese Nikkei 225, Hang Seng Index at the Hong Kong Exchange and Shanghai Composite were trading lower by 1.2%, 0.7% and 0.4% respectively.
Earlier on Friday, the US market ended on a mixed note. Dow Jones shed 38 points, Nasdaq gained 152 points and S&P 500 rose by 8 points on Friday.
Meanwhile, Zee Business research team brings you a list of 20 stocks that can be bought for profitable trade. The list is prepared by the team on a daily basis and comprises intraday stocks, F&O calls and stocks to buy on a short to long-term basis. Based on news development and share movements, these stocks are picked from cash, F&O and techno space to help investors make money on their capital. Below is the full list:
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY ELECON ENGINEERING TARGET 268 SL 250
FUTURES
BUY INDUSTOWER TARGET 215 SL 202
OPTIONS
BUY DIVIS LABS 3400 PE TARGET 82 SL 43
TECHNO
BUY GABRIEL TARGET 127 SL 117
FUNDA
BUY INTELLECT DESIGN ARENA TARGET 725 DURATION 3 MONTHS
INVEST STOCK
BUY ICICI BANK TARGET 820 DURATION 12 MONTHS
STOCK IN NEWS
BUY ENGINEERS INDIA TARGET 60 SL 57
MY CHOICE
BUY MINDA IND TARGET 944 SL 887
SELL ULTRATECH CEMENT FUT TARGET 5050 SL 5267
SELL BATA INDIA FUT TARGET 1600 SL 1650
MY BEST
BUY GABRIEL TARGET 127 SL 117
~~~~~~~~~~~~~~~~~~~~~~~~~
Kushal Gupta Stock Picks
Cash
Som Distilleries - Buy - 66, sl - 62
FTR
Ashok Leyland - Buy - 137, sl - 130
OPTN
Berger Paints 560 CE@17 - Buy - 28, sl - 12
Techno
Escorts FUT - Sell - 1450, sl - 1520
Funda
Safari Ind - Buy - 1100, Duration 12 Months
Invest
Schaeffler India - Buy - 2600 Duration 12 Months
News
Indian Hume Pipes - Buy - 145, sl - 137
Mychoice
ONGC FUT Sell - 137, sl - 146
Bharti Airtel Buy 660, SL 635
JSW Steel FUT sell 540, Sl 565
Best Pick
Safari Ind Buy - 1100, Duration - 1 year
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09:17 AM IST