Stocks to buy today: List of 20 stocks from cash, F&O and techno segments for profitable trade on January 5
Domestic equity benchmarks closed with over 1 per cent gain on Tuesday, January 4, 2022.
Domestic equity benchmarks closed with over 1 per cent gain on Tuesday, January 4, 2022. Bulls took control as the Indian markets ended higher for the third straight session on Tuesday. The market was supported by positive global cues and push from power and banking stocks. The Nifty50 and the S&P BSE Sensex rose by 179.55 points or 1.02% 17,805.25 and by 672.71 points or 1.14% to 59,855.93 on Tuesday.
“We have achieved the 17800-17850 target for the index! There might be some level of resistance between 17800-17950, but eventually the market might want to scale higher to 18050-18100. Any dip or intraday correction can be utilized to add long positions on the Nifty, "said Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments.
Meanwhile, Asian markets were trading flat to negative on Wednesday. Hang Seng Index was trading lower by 266 points to 33, 021, Japanese Nikkei 225 traded flat as the index traded with 5 points gain and Shanghai Composite was down 0.69% at around 7.50 am.
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The US markets too closed largely in the red on Tuesday. Dow Jones closed with 215 points gain, however other indices ended in red as Nasdaq Composite slipped 1.33%, S&P 500 declined 0.06% and Russell 2000 ended with loss of 0.16% on Tuesday.
Below is the list of 20 stocks for profitable trade. These stocks have been identified from cash, future & options and techno segments. Take a look:
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY CLEAN SCIENCE TARGET 2900 SL 2595
FUTURES
BUY COFORGE TARGET 6210 SL 6020
OPTIONS
BUY LTTS 6000 CE TARGET 290 SL 157
TECHNO
BUY ASIAN PAINTS TARGET 3700 SL 3360
FUNDA
BUY BHANSALI ENGINEERING 215 SL 158
INVESTMENT PICK
BUY SBI LIFE TARGET 1520 DURATION 12 MONTHS
STOCK IN NEWS
BUY BHARAT FORGE TARGET 735 SL 710
MY CHOICE
BUY BLUEDART TARGET 6755 SL 6496
BUY AVANTI FEEDS TARGET 650 DURATION 1 MONTH
BUY TATA ELXSI TARGET 6200 SL 5900
MY BEST
BUY BHANSALI ENGINEERING TARGET 215 SL 158
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Varun Dubey Stock Picks
Cash
Buy Go Fashion Target Rs 1090 SL Rs 1030
Futures
Buy Bharti Airtel Target Rs 715 SL RS 690
Options
Buy Coal India 153.5 CE Target Rs 5.5 SL RS 3.5
Tech
Buy HDFC Life Target Rs 680 SL RS 640
Funda
Buy Thermax Target Rs 1880 SL RS 1780
Invest
Buy MSTC Target Rs 500 Duration 2 Months
In News
Buy AU Small Finance 1140 SL RS 1075
My Choice
Buy ONGC Target 154 SL RS 145
Buy Chambal Fert Target Rs 420 SL RS 400
BUY AFFLE INDIA TGT 1360 SL 1300
Best Pick
Buy MSTC Target Rs 500 Duration 2 Months
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