The market witnessed a one-sided rally in the last three trading sessions. On Thursday, Nifty closed at 25418, up 76 points. Today is the last trading session of the week and the one just before the budget. SGX Nifty is down 135 points, indicating profit booking in the market today. Finance Minister Nirmala Sitharaman will present the budget for FY27 on Sunday. Know which stocks have been picked for traders by analysts Ansh Bhilwara and Pooja Tripathi in Zee Business’ special program Traders Diary. Below are the complete details including stock name and target and stop-loss.
What does FII and DII data say?
After a day of buying, FIIs again sold shares worth ₹394 crore in the cash market yesterday. They made huge selling of ₹5711 crore in stock futures for the second consecutive day. On a net-net basis, there was huge buying of ₹7868 crore in cash, index and stock futures for the second consecutive day. Domestic funds, or DIIs, continued their record-breaking buying spree for the 106th consecutive day, buying shares worth ₹2639 crore in cash.
What are the major global developments from yesterday till now?
Significant fluctuations in gold and silver prices
sharp rise in metals
Announcement of new US Fed Chairman possible this week
Zelensky may go to Russia for peace talks
Significant jump in crude oil prices
Increasing instability in US market
Are the chances of recovery low today? Even in yesterday’s strong session, FIIs sold heavily.
While there was relatively little selling in the cash segment, they sold aggressively in stock and index futures.
Unlike yesterday, there will be no rush to buy at gap-down openings today.
Buying will be done only at key support levels.
This is the last session before the budget, so profit-booking is also expected at higher levels.
Ansh Bhilwara Stocks
cash
Nippon Life India AMC – Buy, Target 892, Stop Loss 848.
futures
Dabur – Buy, Target 538, Stop Loss 498.
options
Asian Paints 2500 Call – Buy, Target 100, Stop Loss 5.
techno
Muthoot Finance – Buy, Target 4485, Stop Loss 3895.
funda
Vedanta – Buy, target 830, stop loss 735.
invest
ITC – Buy, Target 359, Stop Loss 302.
News
Cyrma SGS Technology – Buy, target 758, stop loss 706.
my choice
ACME Solar Holdings – Buy, target 225, stop loss 208.
NTPC – Buy, Target 372, Stop Loss 352.
Canara Bank – Buy, Target 160, Stop Loss 146.
my best
Cyrma SGS Technology – Best Pick.
Pooja Tripathi’s stocks
cash
MTAR Take – Buy, Target 2829, Stop Loss 2735.
future
HAL – Buy, Target 4705, Stop Loss 4567.
option
Voltas 1340 PE @ 51 – Buy, Target 100, Stop Loss 30.
techno
GE Shipping – Buy, target 1206, stop loss 1171.
funda
Tata Motors – Buy, target 530, period 12 months.
invest
Godrej Properties – Buy, Target Rs 1800, Duration 12 Months. news
Aurobindo Pharma – Buy, Target 1180, Stop Loss 1140.
my choice
V2 Retail – Buy, Target 1947, Stop Loss 1890.
Prestige Estates – Buy, Target 1457, Stop Loss 1414.
Sheshasai Tech – Buy, Target 255, Stop Loss 245.
best choice
MTAR Take – Best Option, Target 2829, Revised Stop Loss 2746.
Increase in crude oil prices is not good
Talking about the main factors of the market, there has been a huge increase in the prices of crude oil. In the international market, crude oil has reached a four-month high of around $70. There are signs of further growth in the coming days, which is a negative sign.