Yesterday Sensex has gone up by 1201 points and closed at 78,107. First time since February sensex has reached that high. Also Nifty 50 has continued its upward trend and crossed 23,700 mark. How will the market go? Which are the stocks investors can watch? Let’s find out expert recommendations.
Stocks to buy watch by Sumeet Bagadia
According to Sumeet Bagadia, Executive Director of Choice Broking, The Indian Stock Market has turned Bulissed as nifty touched 23,800 mark. The frontline index is looking to touch 24,200 in the short term. So, investors are advised to avoid taking the bearish side and look at the stocks after looking technical chart. Here’s some of the good stocks you can watch today.
Stocks to buy today by Sumeet Bagadia
1. Chalet Hotels: The first recommendation for today is Chalet Hotels. You can [purchase these shares at Rs 864.20 and sell for a target price of Rs 925. Also, remember to keep a stop loss at Rs 833.
2. Rastriya Chemicals and Fertilizers: The second stock on the list is Rastriya Chemicals and Fertilizers. These shares can be bought at Rs 132.15 and sold for a target price of Rs 141. Do remember to keep a sto loss at Rs 128.
3. Mangalore Refinery and Petrochemicals: Another good stock to watch today is Mangalore Refinery and Petrochemicals. These shares can be purchased at R 143.24 and sold at a target price of Rs 154. There should be a stop loss at Rs 138.
4. Himadri Speciality Chemical: One more great stock to buy is Himadri Speciality Chemical. You can purchase these shares at Rs 458.05 and Sell them at Rs 490. Also, make sure to have a stop loss at Rs 442.
5. BLS International Services: The last stock recommendation for today is BLS International Services. You can purchase these shares at Rs 422.5 and target to sell at Rs 452. Investors are also advised to keep a stop loss at Rs 407.
All the information provided above is from individual analysts’ views. Indiahood does not promote or suggest anything. Investors are advised to consult their certified experts before making any investment-related decision.
