Indian Stock Market has finally turned positive for the second consecutive day. Tuesday Nifty 50 ended 1.45% higher then previous day at 22,834.30. On the other hand BSE Sensex was also up by 1.45% and closed at 74,169.95.
Stocks to Buy Today by Vaishali Parekh
According to Vaishali Parekh, Vice President of Technical Research at Prabhudas Liladher, Nifty is moving with a bullish candle and ready to break 22,650 mark. If id does next resistance will be at 22,700 then 23,000.
Bank stocks like ICICI Bank, HDFC Bank Kotak Mahindra Bank has pushed the index to become positive. What are the Stocks that can breakout today? Let’s find out recommendation with entry price, target selling price and stop Loss.
Stock Recommendation by Vaishali Parekh
1. Hindustan Copper Ltd: The first recommendation of the day is Hindustan Copper Ltd. Investors can purchase these shares at Rs 222 and sell at a target price of Rs 235. Do remember to keep a stop loss at Rs 210.
2. Hero MotoCorp Ltd: Another good stock for today is Hero MotoCorp. These shares can be bought at Rs 3565 and target price is set at Rs 3650. Also, there should be a stop loss at Rs 3500.
3. Titagarh Rail Systems Ltd: The last recommendation for the day is Titagarh Rail Systems. Investors can purchase these shares at Rs710 and aim for a selling price of Rs 730 per share. Also, remember to keep a stop loss at Rs 700.
All the information shared above is for informational purposes only. Investors should consult their certified experts before making any investment-related decision.
