Stocks to buy today, October 12: ITC, IRCTC, ONGC, Nerolac among 20 shares in focus
The S&P 500 shed 0.65 per cent, and the Nasdaq Composite dropped 1.10 per cent. The Dow Jones Industrial Average bucked trend to close 0.12 per cent higher.
Stocks to buy today, October 12: Stock market is looking for a positive start on Wednesday as SGX Nifty - which is traded on the Singapore stock exchange - traded in the green in early trade. SGX Nifty was up by 30 points or 0.18 per cent and was trading at 16,970 at 8:20 am today. However, most Asian markets showed a negative response with Japan’s Nikkei 225 trading in red. Nikkei 25 was down 0.2 per cent, while South Korea’s Kospi shed 0.23 per cent.
The S&P 500 shed 0.65 per cent, and the Nasdaq Composite dropped 1.10 per cent. The Dow Jones Industrial Average bucked trend to close 0.12 per cent higher.
Stocks recommended by Kushal Gupta
CASH
KANSAI NEROLAC - BUY - Rs 480, Stop Loss - Rs 463
FUTURES
BATA INDIA - BUY- Rs 1865, Stop Loss - Rs 1790
OPTIONS
ONGC 130 Put Call @3.25 - BUY - 7, Stop Loss - 2.5
TECHNICAL
FEDERAL BANK - BUY- Rs 127, Stop Loss - Rs 120
FUNDAMENTAL
ITC - BUY - Rs 375, duration 6 months
INVESTMENT
M&M - BUY - Rs 1500, Duration 12 months
NEWS KE DUM PAR
BALKRISHNA IND - BUY - Rs 1960, Stop Loss - Rs 1880
MY CHOICE
INFO EDGE FUT - SELL - Rs 3650, Stop Loss - Rs 3815
INDUSIND BANK- BUY - Rs 1200, Stop Loss - Rs 1155
DEVYANI INTERNATIONAL BUY - Rs 200, Stop Loss - Rs 190
BEST PICK
ITC - BUY - Rs 375, Duration 6 months
Stocks recommended by Ashish Chaturvedi
CASH KA STOCK
BUY JUBILANT INGREVA TARGET - Rs 588, Stop Loss - Rs 550
FUTURES
BUY AXIS BANK TARGET - Rs 800, Stop Loss - Rs 780
OPTIONS
BUY INDIAMART 4300 PE TARGET 218 SL 150
TECHNICAL
BUY TIMKEN INDIA TARGET - Rs 3500, Stop Loss - Rs 3200
FUNDAMENTAL
BUY DELTA CORP TARGET - Rs 240 Duration 1 months
INVEST STOCK
BUY NHPC TARGET - Rs 50 Duration 6-9 months
STOCK IN NEWS
BUY IRCTC TARGET - Rs 750, Stop Loss- Rs 710
MY CHOICE
BUY ASTRAZENECA PHARMA TARGET - Rs 3250, Stop Loss - Rs 3086
BUY ARVIND FASHIONS TARGET - Rs 350, Stop Loss - Rs 320
BUY BLS INTL TARGET - Rs 290, Stop Loss - Rs 276
MY BEST
BUY TIMKEN INDIA TARGET 3500 SL 3200
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