Stocks to buy today: List of 20 stocks for profitable trade on May 18
Powered by Metal Index, the Indian market ended higher by more than 2.5 per cent on Tuesday.
Powered by Metal Index, the Indian market ended higher by more than 2.5 per cent on Tuesday. The market also got support from heavyweights and an aggressive rebound in broader markets. Benchmarks Nifty50 closed above 16,250 and the Sensex rose over 1300 points as the domestic market extended its rally for the second day.
Meanwhile, after surging on Tuesday, the Asian markets were trading mixed on Wednesday. Japanese Nikkei 225 was trading higher by 87 points, Hang Seng Index at the Hong Kong Exchange dropped nearly 150 points, while Chinese Shanghai Composite declined marginally by 8 points in the early trade.
Hints from SGX Nifty was also negative as the futures index on the Singaporean exchange was trading lower by 60 points around 7.40 am on Wednesday.
Earlier, US markets closed near their day's high. Dow Jones rose more than 400 points, Nasdaq gained over 300 points and S&P 500 surged by 81 points in the Friday's closing.
Like every day, Zee Business research team brings you a list of 20 stocks that could be bought for robust returns on a short-term, positional and long-term basis. These stocks have been picked from cash, F&O and techno segments to help investors make money on their investments. Below is the list of stocks picked by our analysts Varun Dubey and Ashish Chaturvedi.
Varun Dubey Stock Picks
Cash
Buy Kamat Hotel Target Rs 79 SL RS 73
Futures
Sell Dr Lal Target Rs 2050 SL RS 2150
Options
Buy IOC 124 PE Target Rs 4 SL RS 2
Tech
Buy Kotak bank Target Rs 1890 SL RS 1820
Funda
Buy Acrysil Target Rs 715 SL RS 675
IPL
Buy Bata India Target Rs 2000 Duration 6 Months
News
Buy Zydus Life Target Rs 365 SL RS 342
My Choice
Buy Nucleus Software Target Rs 410 SL Rs 385
Buy Angel One Target Rs 1510 SL RS 1450
Buy Dalmia Bharat Sugar Target 455, Sl 428
Best Pick
Buy Zydus Life Target Rs 365 SL RS 342
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Ashish Chaturvedi Stock Picks
CASH STOCKS
BUY MINDA CORP TARGET 220 SL 200
FUTURES
BUY CHOLA INVEST TARGET 675 SL 648
OPTIONS
BUY AUROBINDO PHARMA 530 PE TARGET 20 SL 11.50
TECHNO
BUY SOLAR IND TARGET 3275 DURATION 3 MONTHS
FUNDA
BUY NOCIL TARGET 290 DURATION 6-9 MONTHS
IPL STOCK
BUY SUMITOMO CHEM TARGET 550 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY EID PARRY TARGET 530 SL 490
MY CHOICE
BUY BLUEDART TARGET 7415 DURATION 1 WEEK
BUY INDIAN HOTELS TARGET 250 SL 225
BUY GODFREY PHILLIPS TARGET 1250 SL 1135
MY BEST
BUY SUMITOMO CHEM TARGET 550 DURATION 9-12 MONTHS
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