Today is the first trading session of the week, and GIFT NIFTY is showing a gain of more than 100 points, indicating that the market is ready to open in the green. The most important thing for the Indian market is that in the last two days, crude oil has fallen by about 8.5%, and it has fallen to the level of $ 108 per barrel. Know which 20 stocks traders should pay special attention to today—selected by analysts Ansh Bhilwad and Pooja Tripathi as part of Zee Business’ special program, *TRADERS DIARY*. Let’s take a look at the complete details of these stocks, including their names, target prices and stop-loss levels.
5-point summary
* Last week, Nifty gained 0.4% and closed at 23,997.
* Crude oil fell below the $120 level and fell to the $108 mark.
* Iran has sent a peace proposal to America, the aim of which is to end the conflict.
* The rupee is continuously weakening and has slipped below the 95 mark against the dollar.
* The results of assembly elections in five states—including West Bengal—are to be declared today.
shares of ansh bhilwad
Category Stock Name Action Target (₹) Stoploss (₹) CASH NCC Ltd Buy ₹169 ₹161 FUTURES TMPV Buy ₹360 ₹334 OPTIONS Maruti Suzuki 13,500 CE Buy ₹600 ₹148 TECHNO Tata Motors CV Buy ₹427 ₹402 FUNDA M&M Buy ₹3300 ₹3003 INVEST Vodafone Idea Buy ₹11.5 ₹9.5 NEWS Equitas Small Finance Bank Buy ₹70 ₹65 MY CHOICE Sona BLW Buy ₹631 ₹595 MY CHOICE Godrej Agrovet Buy ₹615 ₹587 MY CHOICE Sundram Fasteners Buy ₹883 ₹826
Pooja Tripathi’s selected stocks
Category Stock Name Action Target (₹) Stoploss (₹) CASH Escorts Kubota Buy ₹3343 ₹3235 FUTURE Avenue Supermarts Buy ₹4706 ₹4568 OPTION Kotak Mahindra Bank 382 CE Buy ₹40 ₹8 TECHNO Indian Hume Buy ₹333 ₹323 FUNDA Indigo Buy ₹4500 ₹4150 INVEST Tata Power Buy ₹490 (12 Months) NEWS Aurobindo Pharma Buy ₹1425 ₹1375 MY CHOICE Railtel Buy ₹335 ₹319 MY CHOICE Aster DM Buy ₹720 ₹694 MY CHOICE ideaForge Tech Buy ₹621 ₹602
Where is Nifty getting technical support?
SBI Securities says that from a technical point of view, Nifty is getting strong support in the range of 23,800–23,750. If 23,750 level is broken, Nifty may move towards 23,600 and then towards 23,400.
On the upside, Nifty faces resistance in the range of 24,300–24,350. Once it crosses the 24,350 mark, it is likely to move towards 24,500 and then 24,700.
Can Nifty move towards 24,300?
Nagaraj Shetty, Technical Research Analyst, HDFC Securities, said that Nifty is currently trading in the range of 23,800–24,300. The recovery seen from lower levels indicates that Nifty is ready to move towards the level of 24,300.
