Traders Diary on 20 stocks: Buy, Sell or Hold strategy on Shilpa Medicare, TCS, HDFC Bank, UBL, Nalco, Indigo and others

BSE Sensex rallied 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. The broader NSE Nifty advanced 140.30 points or 0.75 per cent to end at 18,758.35, its fresh record closing high.

In the broader market, the BSE midcap gauge jumped 1.06 per cent and smallcap index climbed 0.61 per cent: Reuters

Extending its winning momentum to the seventh straight day, the Indian markets hit a lifetime high on Wednesday amid a largely positive trend in global markets and continuous foreign fund inflows.

BSE Sensex rallied 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. The broader NSE Nifty advanced 140.30 points or 0.75 per cent to end at 18,758.35, its fresh record closing high.

In the broader market, the BSE midcap gauge jumped 1.06 per cent and smallcap index climbed 0.61 per cent.

In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them. The research team of Kushal Gupta and Varun Dubey recommends a buy, sell or hold strategy in cash stocks, futures and give their best picks for today.

Stocks Recommended by Kushal Gupta

CASH: SHILPA MEDICARE - BUY – Target Rs 290, Stop Loss - Rs 277

FUTURES: COFORGE - BUY - Target Rs 4160, Stop Loss - Rs 3990

OPTIONS: TCS 3400 CE@80 - BUY - Target Rs 95, Stop Loss - Rs 70

TECHNO: JSPL - BUY - Target Rs 555, Stop Loss - Rs 532

FUNDA: TATA ELXSI - BUY – Target Rs 8000, DURATION 6 MONTHS

INVESTMENT: HDFC BANK - BUY - Target Rs 2000, DURATION 12 MONTHS

NEWS: ONGC - BUY - Target Rs 146, Stop Loss - Rs 139

MY CHOICE

NMDC - BUY - Target Rs 122, Stop Loss - Rs 115

MPHASIS - BUY - Target Rs 2100, Stop Loss - Rs 2000

UNITED BREWERIES - BUY - Target Rs 1760, Stop Loss - Rs 1690