After a long bearish sentiment, Indian Stock Market has finally gained some positive movement. Yesterday for the second consecutive day markets were up by a few points. BSE was up by 1131 points and closed at 75,301.26 and Nifty 50 was up by 326 points and closed at 22,834.30.
Stocks to buy today by Sumeet Bagadia
According to Executive Director, of Choice Broking, Sumeet Bagadia, stock market has become positive after Nifty 50 broke 22,650. Its currently heading towards 23,000 targets. Which are the stocks investors should watch? Here’s a list with entry price, selling price target and stop loss.
Stocks to buy today by Sumeet Bagadia
1. E I D-Parry India: The first recommendation for the day is E I D-Parry India. These shares can be purchased at Rs 720.60 and sold at a target price of Rs 771. Do remember to keep a stop loss at Rs 695.
2. MPS: The second stock of the day is MPS. Investors can purchase these shares at Rs 2830.55 and aim for a target price of Rs 3010. There should be a stop loss at Rs 2727.
3. Aarti Pharmalabs : Another good stock which can breakout today is Aarti Pharmalabs. These shares can be bought at Rs 774.3 and target price to sell will be Rs 830. There should be a stop loss at Rs 725.
4. Vimta Labs: Investors can purchase these shares at Rs 1109.80 and aim for a target price of Rs 1070. Do remember to keep a stop loss at Rs 1070.
5. Cartrade Tech: Another good stock to buy today is Cartrade Tech. These shares can be bought at Rs 1674.70 and sold at a target price of Rs 1810. Investors are advised to keep a stop loss at Rs 1630.
6. Blue Star: Blustar Shares can perform well today. Investors can purchase these shares at Rs 2156.85 and sell at Rs 2280. Do remember to keep a stop loss at Rs 2080.
7. Jindal Drilling Industries: Last recommendation for the day is Jindal Drilling and Industries. These shares could be bought at Rs 947 and sold at a target price of Rs 1010. Also it is recommended to keep a stop Loss at Rs 910.
All the information given above are for informational purposes only. Investors are advised to consult their registered expert or analyst before making any investment-related decision.
