Stocks to buy today: List of 20 stocks for profitable trade on May 23
After Indian markets closed the week with robust gains on Friday, the hint from Asian markets were mixed on Monday morning.
After Indian markets closed the week with robust gains on Friday, the hint from Asian markets were mixed on Monday morning. Japanese Nikkei 225 was trading higher by 0.7%, Hang Seng Index at the Hong Kong Exchange declined more than 1% and Chinese Shanghai Composite was also marginally down by 0.15%.
The trends from SGX Nifty hinted at a flat opening for the Indian market as Futures Index on the Singaporean Exchange was trading with gains of 10 points in the early trade.
Meanwhile, 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, and also include intraday calls. Investors can bet on these stocks to make money from their investments. The stocks are also identified based on the development surrounding them.
Earlier, the US market closed mixed as Dow Jones ended marginally higher, Nasdaq slipped more than 30 points, S&P 500 ended flat with no gains and Russell 200 dropped 3 points
Here is the list of 20 stocks picked by Zee Business research analysts Kushal Gupta and Ashish Chaturvedi for profitable trade:
Kushal Gupta Stock Picks
CASH
Metro Brands - Buy - 550, sl - 530
FTR
HPCL - Buy - 250, sl - 242
OPTN
IOC 117 CE@2.15 - Buy - 5, sl - 1.5
Techno
Hero Motocorp - Buy - 2680, sl - 2570
Funda
Tata Power - Buy - 280, Duration - 1 year
IPL
Ashok Leyland - Buy - 150, Duration - 6 months
News
Bajaj Auto - Buy - 3900, sl - 3740
Mychoice
BHEL (Cash) - Buy - 58, sl - 51
JSW Steel - Sell - 612, sl - 638
JSPL - Sell - 460, sl - 483
Best Pick
HPCL - Buy - 250, sl - 242
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Ashish Chaturvedi Stock Picks
CASH STOCK
BUY GIPCL TARGET 92 SL 85
FUTURES
BUY NTPC TARGET 155 SL 147
OPTIONS
BUY BRITANNIA 3460 CE TARGET 59 SL 20
TECHNO
BUY GRAUER & WEIL TARGET 85 SL 78
FUNDA
BUY SOBHA TARGET 600 SL 502
IPL STOCK
BUY ALLCARGO LOGISTICS TARGET 410 DURATION 12 MONTHS
STOCK IN NEWS
SELL GLENMARK TARGET 388 SL 413
MY CHOICE
BUY LUX IND TARGET 2230 SL 2100
BUY REDINGTON TARGET 148 SL 140
BUY SCHNEIDER ELECTRIC TARGET 131 SL 120
MY BEST
BUY GRAUER & WEIL TARGET 85 SL 78
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