Stocks to buy today: Sun Pharma, Jai Corp, Max India and JSPL among list of 20 stocks for profitable trade on August 16

As the market extended gain to the fifth day on Friday with the benchmarks Nifty50 and Sensex ending higher by 0.225 each, the cues from Asian markets were largely positive on Tuesday morning. 

SGX Nifty, which hints at the opening trend for the Indian market, was seen trading higher by 60 points in the early trade on the Singaporean exchange on Tuesday morning.  

Likewise, Japanese Nikkei 225 gained 0.08%, Hang Seng Index at the Hong Kong Exchange rose 0.49%and Chinese Shanghai Composite was trading higher by 0.33% in the early trade on Tuesday. 

Meanwhile, Zee Business brings you a list of 20 stocks for profitable trade on Tuesday. 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. 

Varun Dubey Stock Picks  

Cash 

Buy Varroc Eng Target Rs 346 SL RS 326 

Futures 

Sell ONGC Target Rs 132 SL RS 139 

Options 

Buy Sun Pharma 910 PE Target Rs 20 SL RS 13 

Tech 

Buy Jai Corp Target Rs 129 SL RS 122 

Funda 

Buy Vesuvius India Target Rs 1235 SL RS 1160 
Invest 

Buy Devyani Intl Target Rs 240 Duration 6 Months  

News 

Buy UTI AMC Target Rs 780 SL RS 735 
My Choice  

Buy Restaurant Brands Target Rs 128 SL RS 120 

Buy Godrej Consumers Target Rs 900 SL RS 850 

Sell Muthoot Finance Target Rs 1160 SL RS 1210 

Best Pick 

Godrej Consumers 

Ashish Chaturvedi Stock Picks 

CASH STOCK 

BUY MAX INDIA TARGET 80 SL 76.80 

FUTURES 

BUY APOLLO TYRES TARGET 246 SL 232 

OPTIONS 

BUY JSPL TARGET 410 CE TARGET 13 SL 6.60 

TECHNO 

BUY DMART TARGET 5100 DURATION 12 MONTHS 

FUNDA 

BUY ELGI EQUIPMENT TARGET  470 SL 440 

INVEST STOCK 

BUY RHI MAGNESITA TARGET 675 DURATION 1 YEAR 

 
STOCK IN NEWS 

BUY POWER MECH TARGET 1170 SL 1100 

MY CHOICE 

BUY CDSL TARGET 1300 SL 1150 

BUY HEIDELBERG CEMENT TARGET 200 SL 193 

BUY VEDL TARGET 270 SL 258 

MY BEST 

BUY DMART TARGET 5100 DURATION 12 MONTHS