Indian Stock Market opened at the downside but ended on a positive note. The market ended slightly higher and ended almost flat. Nifty 50 was up by 37 points and ended at 22,497. On the other hand BSE Sensex ended at 47,853. What are the stocks that could perform well today? Let’s find out.
Stocks to Buy Today by Vaishali Parekh
Vaishali Parekh, Vice President, Technical Research at Prabhudas Liladher thinks that the overall situation of the Indian Stock Market has improved. Nifty 50 has bounced back strongly from the lower support zone. If it could touch 22,800 it can go further up. Also, there will be a support zone at 22,000 points.
Stock Recommendation by Vaishali Parekh
1. NCC: The first recommendation for today is NCC Shares. Investors can purchase this share at Rs 184 and target to sell it at Rs 200. Also do remember to keep a stop loss at Rs 178.
2. IOC: The second recommendation of the day is Indian Oil Corporation or IOC Stocks. You can BUy these shares at Rs 124 and aim for the target price of Rs 130. There should be a Stop Loss at Rs 120.
3. CG Power: Last recommendation for today is CG Power. Investors can purchase this shares at Rs 608 and aim for a target price of Rs 630. There should be a stop loss at 590.
All the information mentioned above is for information purposes only. Do make sure to consult with your certified experts before making any investment related decisions.
