Stocks to buy today: Tech Mahindra, IRCTC, HDFC Bank, Tata Motors among 20 stocks for profitable trade on August 11

The Indian markets concluded Wednesday’s session on a mixed/flat note as Sensex ended in the red and Nifty50 in the green above the 17500-mark. Sectors such as IT, Realty and FMCG stocks dragged the market most during yesterday’s session.

According to SGX Nifty’s trend, the Nifty50 is likely to open positive on Thursday. Besides, the global markets, especially the US, closed in the green on Wednesday and Asian indices are trading mixed in the early morning trade on Thursday.

Ajit Mishra, VP - Research, Religare Broking Ltd reiterated bullish view on markets and suggest continuing with the “buy on dips” approach until the Nifty holds 17,300.

“Meanwhile, global cues, earnings and upcoming macro data would keep the volatility high. Participants should align their positions accordingly and avoid contrarian bets,” Mishar added.

Zee Business brings you a list of 20 stocks from cash, techno, and F&O space. These stocks have been picked keeping in view investors' short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.

Shares recommended by Arman Nahar

Cash: MAZAGON DOCK - Buy - 290, SL - 279

FTR: EICHER MOTORS - Buy Target 3250, SL 3120

Options: Buy TECH MAHINDRA 1060 CE Target Rs 35 SL RS 24

Tech: Buy NCC Target Rs 69.5 SL RS 65

Funda: PATANJALI FOODS - Buy – 1450 Duration - 1 year

Invest: OBEROI REALTY - Buy – 1180 Duration - 1 year

News: Buy SPICEJET Target Rs 47 SL RS 44

My choice

ACCELYA SOLN- Buy - 1400 (Duration 1 year)

IRCTC-Buy- 693, SL- 665

TATA CONSUMER -Buy 814, SL 780

Best Pick: Patanjali Foods - Buy - 1450, Duration - 1 year

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Shares recommended by Varun Dubey

CASH: Buy RVNL Target Rs 32.5 SL RS 30.5

Futures: Buy HDFC BANK Target Rs 1520 SL RS 1440

Options: Buy INTERGLOBE AVIATION 2060 CE Target Rs 73 SL RS 50

Tech: Buy COAL INDIA Target Rs 228 SL Rs 215

Funda: Buy TATA MOTORS Target Rs 495 SL RS 466

Invest: Buy CDSL Target Rs 1500 Duration 6 Months

News: Buy HEG Target Rs 1290 SL RS 1220

My Choice:

Buy ALLCARGO LOGISTICS Target Rs 315 SL Rs 298

Buy HEALTHCARE GLOBAL Target Rs 296 SL Rs 280

Buy COCHIN SHIPYARD Target Rs 355 SL RS 337

Best Pick: Buy TATA MOTORS Target Rs 495 SL RS 466