Stocks to buy today: List of 20 stocks for profitable trade on May 30
After benchmark indices Nifty50 and Sensex closed strongly on two back-to-back sessions, the signs from the global equity market on Monday were positive as all major Asian indices were trading in the green in early trade on May 30.
After benchmark indices Nifty50 and Sensex closed strongly on two back-to-back sessions, the signs from the global equity market on Monday were positive as all major Asian indices were trading in the green in early trade on May 30. SGX Nifty, which indicate opening trend for the Indian market, saw Futures index surging by nearly 150 points on the Singaporean exchange this morning.
Besides, other major indices such as Japanese Nikkei 225, Hang Seng Index at the Hong Kong Exchange and Chinese Shanghai Composite were trading higher by 1.8%, 1.7% and 0.5% respectively on Monday morning.
Besides, the US market also saw strong closing on Friday as Dow Jones gained around 600 points and Nasdaq nearly 400 points to close near the day's highs. S&P 500 too rose 100 points.
Meanwhile, Zee Business brings you a list of 20 stocks for intraday, short-term, positional and long-term bets. Below is the list of stocks.
Kushal Gupta Stock Picks
Cash
Ruchi Soya - Buy - 1150, sl - 1106
FTR
M&M - Buy - 980, sl - 940
OPTN
Glenmark Pharma 400 PE@22.25 - Buy - 40, sl - 18
Techno
Tata Motors - Buy - 445, sl - 425
Funda
Infosys - Buy - 1760
Duration - 1 year
~~~~~~~~~~~~~~~~~~~~~~~
Invest
Cummins India - Buy - 1300
Duration - 1 year
News
Transport Corp of India - Buy - 753, sl - 725
Mychoice
Cholamandalam Investment and Finance Company - Buy - 674, sl - 648
ICICI Bank - Buy - 760, sl - 735
HDFC Ltd - Buy - 2370, sl - 2280
Best Pick
M&M - Buy - 980, sl - 940
~~~~~~~~~~~~~~~~~~~~~~~~
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY GUJARAT AMBUJA TARGET 320 SL 296
FUTURES
BUY MARUTI TARGET 8200 SL 7900
OPTIONS
BUY KOTAK BANK 1960 CE TARGET 65 SL 37
TECHNO
BUY INDIAN BANK TARGET 169 SL 160
FUNDA
BUY SUMITOMO CHEM TARGET 455 SL 430
Invest
BUY HUL TARGET 2660 DURATION 9-12 MONTHS
STOCK IN NEWS
BUY GOA CARBON TARGET 460 SL 430
MY CHOICE
BUY TIMKEN TARGET 2050 SL 1935
BUY RADICO KHAITAN TARGET 850 SL 802
BUY SHARDA CROP TARGET 800 SL 720
MY BEST
BUY INDIAN BANK TARGET 169 SL 160
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.