Stocks to purchase today: On June 2, we've compiled a list of 20 stocks to consider for intraday, short-term, positional, and long-term investing.

  • June 2, 2022, 3:49 p.m.

Even as domestic equity benchmarks Nifty50 and Sensex closed negative for the second consecutive session on Wednesday, the cues from Asian and global markets were negative on Thursday. Indicating yet another weak start for the Indian market, SGX Nifty Futures declined over 90 points on the Singaporean exchange in the early morning trade on Thursday.

Meanwhile, the Japanese Nikkei 225, Chinese Shanghai Composite and Hang Seng Index on the Hong Kong Exchange traded deep in the red as they declined 0.3%, 0.4% and 1.4% respectively on Thursday. Besides, the US markets ended lower on Wednesday too. The Dow Jones declined 177 points, the Nasdaq ended lower by 97 points, and the S & P 500 dropped 31 points amid volatility.

Even though the market continues to trade with volatility, the Zee Business research team religiously brings you a list of 20 stocks that can be bought for profitable trade. The list comprises intraday stocks, F&O calls, and stocks to buy on a short-to-long-term basis. Based on news developments and share movement, these stocks are picked from cash, F & O, and technology space to help investors make money on their capital. Below is the list of stocks identified by Zee Business research analysts Kushal Gupta and Ashish Chaturvedi.

Kushal Gupta's Stock Picks 

 

Cash 

AMI ORGANICS-BUY-950, SL-910 

 

FTR.

HERO MOTO-BUY -2840, SL-2730 

 

OPTN 

INTERGLOBE AVIATION 1820 CE@90-BUY-110, SL-80 

 

TECHNO 

VOLTAS-BUY-1070, SL-1030 

 

FUNDA 

SIYARAM SILK MILLS-BUY-535, SL-515 

 

INVEST 

ASHOK LEYLAND-BUY-180 

DURATION: 1 YEAR 

 

NEWS 

ASIAN PAINTS-BUY-2930, SL-2820 

 

MYCHOICE 

CANARA BANK---BUY---214, SL---205 

GODREJ PROPERTIES-SELL-1328, SL-1385 

Lupin-SELL-592, SL-618 

 

Ashish Chaturvedi's Stock Picks 

CASH STOCK 

Buy Gokex Target 490 SL 470 

 

FUTURES 

SELL IPCA LABS TARGET 875 SL 900 

 

Options

BUY RBL BANK 110 PE TARGET 6.70 SL 4.50 

 

TECHNO 

BUY KEI IND TARGET 1390 SL 1270 

 

FUNDA 

BUY SUMITOMO CHEM TARGET 560 DURATION 6-9 MONTHS 

------ 

IPL STOCK 

BUY ELECON ENGINEERING TARGET 255 DURATION 12 MONTHS 

 

STOCK IN NEWS 

BUY GREAVES COTTON TARGET 170 SL 158 

 

MY CHOICE 

BUY CCL PRODS TARGET 390 SL 360 

SELL CHAMBAL FERT TARGET 345 SL 365 

BUY BOB TARGET 107 SL 99 

 

MY BEST 

BUY RBL BANK 110 PE TARGET 6.70 SL 4.50 

Author : Rajdhani Delhi Representative

Rajdhani delhi representative

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