Indian Stock Market has finally moved to a bullish trend as a positive streak continues for three days. Yesterday Nifty 50 closed 0.32% higher, reached three week higher and ended at 22,907 points. Also, BSE Sensex ended at 75,468 which is 0.22% higher. What will be the trend today? Which stocks are going to perform well and give good returns? Let’s find out what experts are saying.
Stocks to buy today by Sumeet Bagadia
According to Sumeet Bagadia, Executive Director at Choice Broking, Indian Stock Market sentiment has become positive. But Nifty 50 is looking struggling to break 22,900 and 22,950 zone. If it breaks this barrier then next target will be 23,700. Also he suggested some stocks to buy today, which can breakout. Here’s the list with entry price, selling target price and stop loss.
Stocks to buy today by Sumeet Bagadia
1. Eris Lifesciences: The first recommendation of the day is Eris Lifesciences. These shares can be purchased at Rs 1340.70 and sold at a target price of Rs 1420. Do remember to keep a stop loss at Rs 1290.
2. Godrej Industries: The second stock on the list is Godrej Industries. These shares can be purchased at Rs 443.20 and the target price for selling will be Rs 470. Investors are also advised to keep a stop loss at Rs 427.
3. Chambal Fertilisers and Chemicals: Another breakout stock for today is Chambal Fertilisers and Chemicals. This share can be bought at Rs 586.95 and sold at a target price of Rs 625. Also there should be a stop loss at Rs 565.
4. General Insurance Corporation of India: These shares can be purchased at Rs 418.45. It can be sold at a target price of Rs 444. Do remember to keep a stop loss at Rs 403.
5. Aadhar Housing Finance: The last recommendation for today is Aadhar Housing Finance Ltd. These shares can be purchased at Rs 443.20 and can be sold at a target price of Rs 470. Also to be on the safe side make sure to add stop loss at Rs 427.
All the information given above is for informational purposes only. Investors are advised to consult their certified expert before making any trade or taking investment-related decisions. Indiahood does not give provide any advise about investing.
