Last Friday, the stock market ended in a bearish trend. The Nifty 50 declined by 143 points and ended at 24968.40. On the other hand, the BSE Sensex also fell by 502 points and closed at 81757.73. What are the good stocks to buy today? Let’s check Vaishali Parekh and Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. Archean Chemical Industries: The first recommendation of the day is Archean Chemical Industries. You can purchase these shares at Rs 698 and target to sell at Rs 730. Do remember to keep a stop loss at Rs 683.
2. Himatsingka Seide: Another good stock you can purchase today is Himatsingka Seide. These shares can be bought at Rs 154.80 and later sold for Rs 166. It is also recommended to have a stop loss at Rs 151.
3. SAIL: The last stock on the recommendation list today is SAIL by Vaishali Parekh. Investors can purchase these shares at Rs 136 and target to sell at Rs 142. Make sure to have a stop loss at Rs 133.
Stocks to Buy Today by Sumeet Bagadia
1. Sagar Cements: The first recommendation on today’s list is Sagar Cements. You can consider buying these shares at Rs 268.5 and look to sell them for a target price of Rs 288. It is important to keep a stop loss at Rs 260 to manage potential downside risks.
2. Blue Jet Healthcare: The second stock, Blue Jet Healthcare, is a promising choice for investors this session. The shares can be purchased at an entry price of Rs 1010.2, with a target to sell at Rs 1080. Always remember to place a stop loss at Rs 975.
3. IG Petrochemicals: The third stock worth considering today is I G Petrochemicals. Investors may look to buy at Rs 509 and aim to sell for Rs 540. However, setting a stop loss at Rs 490 is recommended for prudent risk management.
4. Sanathan Textiles: Another notable pick is Sanathan Textiles. These shares offer an entry opportunity at Rs 554.05, and you might target an exit at Rs 590. Ensure a stop loss is put in place at Rs 535 before making the trade.
5. Max Estates: Max Estates rounds off today’s recommendation list by Sumeet Bagadia. These shares are suggested for purchase at Rs 552.9, with a potential target of Rs 590. To limit any unforeseen losses, keep a stop loss at Rs 535.
Disclaimer: All the information mentioned above is from individual analysts or broking companies. Indiahood does not give any advice. Make sure to consult with certified experts before taking any investment-related decisions. This Article is for educational purposes only.
