Last Tuesday, the Indian stock market closed almost flat. On 25th Feb Nifty 50 was down by 0.03% at 22,547 and sensex was 0.20% up and closed at 74,602. How will stocks perform today? Let’s check some recommendations by market expert Sumeet Bagadia.
Stocks to buy today by Sumeet Bagadia
According to Sumeet Bagadia, Executive Director at Choice Broking the Indian stock market is still biased and will continue to remain weak as Nifty 50 is trading within 22,500 to 22,800. He added, ‘frontline index must close above 22,800 to improve the market situations’.
Breakout Stocks by Sumeet Bagadia
1. Castrol India: Sumeet Bagadia suggests buying this stock at Rs 217.32 and sell at a target of Rs 233. Do remember to keep a stop loss at Rs 210.
2. 360 One Wam: Investor can buy this stock at Rs 103.5 and sell for Rs 1111. Also, there should be stop loss set at Rs 1002.
3. Zensar Technologies: These stocks can be purchased at Rs 804.05 and aimed to sell at Rs 860. There should be stop loss set at Rs 776.
4. Gland Pharma: The pharma stock can be bought at Rs 1597.90 and sold at a target of Rs 1710. Do remember to keep a stop loss at Rs 1542.
5. Chalet Hotels: the last recommendation is Chalet Hotels. Investors can purchase this share at Rs 718.60 and sell at a target price of Rs 769. Also, there should be a stop loss at Rs 693.
Stocks to buy Under Rs 100 by Sumeet Bagadia
1. EaseMyTrip: Under Rs 100 sumeet bagadia suggest buying EaseMyTrip shares at Rs 12.29. The selling prices is Rs 13.15 and there should be a stop loss at Rs 11.85.
2. Zee Entertainment Enterprise: The second stock on the recommendation list is Zee Entertainment Enterprise. This stock can be purchased at Rs 99.77 and sold at Rs 107. Do remember to keep a stop loss at Rs 96.27.
3. Jaiprakash Power Ventures Limited: Last stock under Rs 100 to buy is Jaiprakash Power. Investors can purchase this stock at Rs 13.97 and sell at Rs 14.94. Also, it is recommended to put a stop loss at Rs 13.48.
