Today is the fourth trading session of the week, and GIFT NIFTY is up by more than 150 points, which shows that the market is ready for a big gap-up opening. The special thing is that Iran has also indicated a soft attitude towards talks, and crude oil prices have come back to $105 per barrel, which has strengthened the mood of the market. Yesterday, Nifty closed at 23,659, up 41 points. Find out which stocks may offer trading opportunities for traders in Thursday’s session. Analysts Ansh Bhilwad and Pooja Tripathi have selected 10-10 stocks for traders. These 20 stocks can provide profit opportunities in today’s session. The names of these stocks, along with their target prices and stop-loss levels, are given here.
Ansh Bhilwad’s Selected Stocks
Category Share Name Action Target (Tgt) Stoploss (SL) CASH Metro Brands Buy ₹1075 ₹1026 FUTURES TVS Motors Buy ₹3550 ₹3275 OPTIONS RVNL 280 Call Buy ₹6 ₹1 TECHNO Transformers & Rectifiers Buy ₹333 ₹291 FUNDA Honeywell Automation Buy ₹33000 ₹28830 IPL/INVEST Data Patterns Buy ₹4250 ₹3630 NEWS Apollo Hospital Buy ₹8300 ₹7975 MY CHOICE Talbros Auto Buy ₹348 ₹321 MY CHOICE Sansera Eng Buy ₹2590 ₹2437 MY CHOICE GPT Infra Buy ₹127 ₹116
Pooja Tripathi’s selected stocks
Category Share Name Action Target (Tgt) / Period Stoploss (SL) CASH SANGHVI MOVERS BUY ₹330 ₹318 FUTURE JUBILANT FOOD SELL ₹460 ₹467 OPTION BOSCH 36750 CALL @ 964 BUY ₹1500 ₹700 TECHNO IGI BUY ₹360 ₹348 FUND SAMVARDHAN MOTHERSON BUY ₹150 (12 Months) — INVEST GRASIM BUY ₹3300 (12 Months) — NEWS TEAMLEASE BUY ₹1445 ₹1398 MY CHOICE UNION BANK BUY ₹165 ₹157 MY CHOICE OLECTRA GREENTECH BUY ₹1244 ₹1207 MY CHOICE INDIQUBE SPACE BUY ₹181 ₹175
Will Nifty break its upper range today?
For the last 7 days, Nifty is getting support in the range of 23,300–23,425.
For the last 7 days, it is stuck in the upper range of 23,700–23,850.
For the last 5 days, it has been closing in the range of 23,600–23,700.
If Nifty closes above its 50-day moving average (DMA) of 23,727, its strength will increase further.
In such a situation, the next target will be in the range of 23,850–24,000.
Which levels of Nifty should traders pay attention to?
Market guru Anil Singhvi said that the trend and mood of the market still remains neutral. From a technical perspective, the zone of 23,550–23,650 acts as a support area for Nifty; Below this level, there is more buying activity in the zone of 23,350–23,465. Zone of 23,750–23,850 forms the upper range; If the index crosses this level, profit-booking is likely in the range of 23,900-24,000.