Today is the weekly expiry of Nifty. Positive signals came from the global market on Tuesday. The US market rose on Monday due to the fall in crude oil prices and signs of the war ending soon. The Dow rose 239 points, while the Nasdaq closed up 308 points. GIFT Nifty rose by 330 points on Tuesday due to positive signals from the global market, which indicates a positive opening for the market today. In this volatile market, find out which stocks analysts Ansh Bhilwad and Pooja Tripathi have picked for traders in Zee Business’ special programme, Traders Diary. If you are a trader, know the names of these stocks along with target and stop-loss details.
Huge fall in crude oil prices
Trump’s positive statement on war and crude oil
Special recovery in US market
Strong boom in Asian market
Great buy for domestic funds
Financial Institutional Investment Funds (FIIs) have sold, but to a lesser extent.
The rally of the dollar index has stopped
negative for today
Financial Institutional Investment Funds (FIIs) have sold heavily
Iran’s foreign minister kept threatening
Rupee at its lowest ever level
Another sharp jump in VIX in two days
Nifty closed below the major support level of 24300 yesterday
Bank Nifty also closed well below 200 DMA of 57482 yesterday.
Mid-smallcap stocks also fell sharply
fractional shares
cash
City Union Bank – Buy, target 275, SL 232
futures
Torrent Pharma – Buy, Target 4550, SL 4270
options
BDL 1400 Call – Buy, Target 75, SL 10
Techno:
Bajaj Auto Futures- Buy Target 9960, SL 9120
funda
M&M- Buy, Target 3400, SL 3090
invest
Infosys, Target 1445, SL 1248
News
NTPC Green Energy- Buy, Target 90, SL 84.5
my choice
Shree Cement- Buy, Target 26000, SL 22400
UltraTech Cements- Buy, target 12500, SL 10800
Devyani- Buy, Target 120, SL 105
My best:
Bajaj Auto- Buy Target 9960, SL 9120
Pooja’s shares
cash
Data Pattern- Buy, Target 3600, SL 3460
future
Asian Paints- Buy, Target 2290, SL 2198
option
ONGC 270 Put Option @ 9.9- Buy, Target 18, SL 4
techno
Indigo- Buy, Target 4380, SL 4190
funda
L&T- Buy, Target 4100, Duration 6 months
invest
HAL- Buy, Target 4400, Duration 6-12 months
News
Vishal Mega Mart- Buy, Target 112, SL 105
my choice
JK Tire – Buy, Target 435, SL 418
BPCL- Buy, Target 340, SL 327
Balakrishna Industries- Buy, Target 2285, SL 2215
my best choice
Asian Paints- Buy, Target 2290, SL 2198