The Indian Stock Market crashed heavily yesterday. Nifty 50 fell by 745.85 points and closed at 22,161.60 which is 3.24% Down. On the other hand, Sensex also fell by 2,227 points and closed at 73,137.90. This was the biggest fall in 10 months. How will the market perform today? What are the stocks that can break out? Check market expert’s recommendation.
Stocks to Buy Today by Vaishali Parekh
1. Archen Chemical Industries: The first recommendation of the day is Archen Chemical Industries. You can purchase these shares at Rs 529 and aim for a target price of Rs 560. Do remember to keep a stop loss at Rs 515.
2. GMR Airports: Another good stock that can break out today is GMR Airports. You can buy these shares at RS 82.20 and sell them at a target price of Rs 86. There should be a stop loss at Rs 80.
3. Delhivery: The last recommendation of the day by Vaishali Parekh is Delhivery. You can purchase these shares at Rs 268.35 and aim to sell at Rs 280. Do remember to keep a stop loss at Rs 515.
Stocks to Buy Today by Sumeet Bagadia
1. GRM Overseas: The first recommendation of the day is GRM Overseas. You can purchase these shares at Rs 303.6 and aim to sell at Rs 325. Also, you need to put a stop loss at Rs 292.
2. 360 One Wam: The second recommendation of the day is 360 One Wam. You can purchase these shares at Rs 886.55 and target to sell at Rs 949. Also, there should be a stop loss at Rs 855.
3. Orient Cement: Another good stock that can break out today is Orient Cement. You can buy these shares at Rs 350.75 and target to sell at Rs 375. Do remember to keep a stop loss at Rs 337.
4. Vedant Fashions: Another stock that can break out today is Vedant Fashions. Investors can purchase these shares at Rs 785.80 and aim to sell at a target price of Rs 841. Investors are also advised to keep a stop loss at Rs 758.
5. NACL Industries: The last recommendation of the day by Sumeet Bagadia is NACL Industries. You can purchase these shares at Rs 141.63 and target to sell at Rs 152. Also, it is suggested that the stop loss be kept at Rs 136.
All the information given above is for informational purposes only. Indiahood does not provide any suggestions on Buying or Selling. Investors are advised to consult with their certified experts before making any investment-related decision.
