Stocks to buy today: List of 20 stocks for profitable trade on May 26
The Indian market ended in the red for the third consecutive session on Wednesday as benchmarks Nifty50 and the Sensex declined by more than half per cent each
The Indian market ended in the red for the third consecutive session on Wednesday as benchmarks Nifty50 and the Sensex declined by more than half per cent each. Meanwhile, Asian indices were trading mixed in the early trade on Thursday. SGX Nifty Futures, which indicates trend for the Indian market, was trading higher by 80 points on the Singaporean exchange in the morning. Japanese Nikkei 225 was trading flat with positive bias, Hang Seng Index at the Hong Kong Exchange dropped more than one per cent, while Chinese Shanghai Composite was trading lower by 0.7%.
Earlier, on Wednesday, the US markets made a strong recovery from lower levels as Dow Jones ended with a gain of over 190 points, Nasdaq ended higher by 170 points and S&P 500 rose 37 points.
Meanwhile, ahead of the market opening, Zee Business brings you a list of stocks for profitable trade on Thursday. These stocks have been picked from cash, F&O and techo segments to help investors make money. The calls have been given on a short-term, positional and long-term basis. The list also included intraday calls. Below is the list of stocks identified by our research analysts Kushal Gupta and Ashish Chaturvedi.
Kushal Gupta Stock Picks
Cash
Fortis Healthcare - Buy - 250, sl - 238
FUTURES
ICICI Bank - Buy - 738, sl - 708
OPTIONS
Interglobe Aviation 1640 JUNE PE@99.75 - Buy - 120, sl - 90
Techno
HDFC Ltd - Buy - 2300, sl – 2220
Funda
POLYPLEX CORPORATION - Buy - 2180, sl - 2100
IPL STOCK
Hero Motocorp - Buy - 3100
Duration - 1 year
STOCK IN NEWS
NTPC - Buy - 158, sl - 149
Mychoice
Bajaj Auto - Buy - 3900, sl - 3750
Bank Nifty 2 June 34500 CE@473 - Buy - 573, sl - 430
Bank of Baroda - Buy - 97, sl - 92.5
Best Pick
ICICI Bank - Buy - 738, sl - 708
~~~~~~~~~~~~~~~~~~~~~~~~~
Ashish Chaturvedi Stock Picks
CASH STOCK
BUY MOIL TARGET 165 SL 155
FUTURES
BUY HDFC BANK TARGET 1365 SL 1320
OPTIONS
BUY KOTAK BANK JUNE 1920 CE TARGET 87 SL 49
TECHNO
BUY V-GUARD TARGET 235 SL 220
FUNDA
SELL WHIRLPOOL FUT TARGET 1430 SL 1500
IPL STOCK
BUY HDFC LIFE TARGET 685 DURATION 12 MONTHS
STOCK IN NEWS
BUY GMM PFAUDLER TARGET 4700 SL 4485
MY CHOICE
SELL IPCA LABS FUT TARGET 907 SL 942
SELL BIOCON FUT TARGET 315 SL 327
BUY HEG TARGET 1080 SL 1000
MY BEST
BUY V-GUARD TARGET 235 SL 220
Earlier, Indian market was pulled down largely by massive profit booking in massive IT, midcap and small cap stocks. Nifty IT had declined 3.38% and Nifty midcap and small cap ended lower by 2.4% and 3.4% respectively on Wednesday.
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