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The stock market extended losses to the second day in a row, taking a hit of more than 2.5% in the last two sessions amid multiple factors. Benchmark Nifty50 declined by 267.75 points or (-1.51%) to end at 17,490.70, while the barometer Sensex dropped 872.28 or 1.46% to 58,773.87 on Monday.
Meanwhile, Zee Business brings you a list of 20 stocks for profitable trade on Monday, August 22. These stocks have been picked by Zee Business research analysts keeping in view investors’ short-to-long term requirements. The list also comprises intraday calls for good returns on a given day. Below is the list of stocks.
Kushal Gupta Stock Picks
CASH
TVS Electronics – Buy – 260, sl – 250
FUTURES
Tata Motors FUT – Sell – 440, sl – 460
OPTIONS
Wipro – 420 PE@4.9 – Buy – 8,sl – 2.5
TECHNO
Infosys FUT – Sell – 1530, sl – 1600
FUNDA
Sona BLW Precision Forgings – Buy – 700, Duration – 1 year
INVESTMENT
ITC Buy 375, Duration 12 Months
NEWS KE DUM PAR
CCL Products BUY 465, SL 445
MYCHOICE
DLF FUT – Sell – 354, sl – 370
SBI FUT – Sell – 495, sl – 516
HDFC Bank FUT – Sell – 1430, sl – 1490
MY BEST PICK
DLF FUT – Sell – 354, sl – 370
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Varun Dubey Stock Picks
CASH
Buy Jayshree Tea Target Rs 94 SL RS 89
FUTURES
Sell Coforge FUT Target Rs 3620 SL RS 3780
OPTIONS
Buy Dixon Tech 4000 PE Target Rs 90 SL RS 60
TECHNO
Buy Solara Active Target Rs 490 SL RS 460
FUNDA
Buy Marico Target Rs 530 SL RS 510
INVESTMENT
Buy AB Fashion Target Rs 320 Duration 4 Months
NEWS
Sell IRCTC FUT Target Rs 690 SL RS 720
MY CHOICE
Buy Tata Coffee Target Rs 230 SL RS 216
Sell GNFC FUT Target Rs 700 SL RS 730
Sell Firstsource FUT Target Rs 101 SL RS 106
MY BEST PICK
Buy AB Fashion Target Rs 320 Duration 4 Months
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