Indian Stock Market has been showing slow movement for two consecutive days. Nifty 50 increased only 0.45%and ended at the 23,591.95 mark. Whereas Bank Nifty grew by 0.72% and ended at 51,575.85. The upward movement is mostly because of Realty and Oil & Gas stocks. The worst performers were Pharma and Auto. How will the market perform today? What are the stocks that could break out today? Let’s find out expert opinion.
Stocks to Watch Today by Ganesh Dongre
According to Ganesh Dongre, Senior Equity Technical Analyst, There are three stocks that can break out and give good returns to investors today. You can check those stocks with their entry price, selling target price, and stop loss below.
Stocks to Buy Today by Ganesh Dongre
1. Linde India: The first recommendation for the day is Linde India. You can purchase these shares at Rs 6180 and target to sell at Rs 6350. Do remember to keep a stop loss at Rs 6080.
2. Tata Consumer Products: Another good stock to buy today is Tata Consumer Products. You can purchase these stocks at Rs 975 and target to sell at Rs 1000. Also, remember to keep a stop loss at Rs 955.
3. Container Corporation of India: The last stock recommendation for today is Container Corporation of India or CONCOR. These shares can be purchased at Rs 702 and you can aim to sell it at Rs 725. Investors are also advised to keep a stop loss at Rs 685.
All the information above are given for informational purposes only. Investors are advised to consult with their certified experts or analysts before any investment-related move.
