Hot Stocks Picks To Buy Today

hot stocks to buy today tomorrow 2016 2017

Investors and traders are always looking for hot stocks to buy.

The reason such hot stocks should be bought is because they can turn into multibaggers and give very huge gains to investors and traders.

The tips for intraday trading are given by leading experts like Ashwani Gujral and Sudarshan Sukhani. The experts recommend the hot stocks because of their potential and inflection point based on the quarterly results and financial performance in terms of sales and profits.

Even traders looking for intraday tips and trading can benefit for hot stocks. The hot stocks can give a lot of volatility in intraday trading and lead to huge benefit in a short time.

The hot stocks have been chosen on the basis of fundamental analysis and also technical analysis.

List of hot stocks to buy today and tomorrow




BUY COALINDIA: The stock surpassed the multiple hurdles of Rs 337 levels and gave the highest daily close of last ten trading sessions. It has been making higher top – higher bottom formation from last fourteen weeks. According to its current price placement, the stock is showing the potential to head towards Rs 347 and higher levels. So, one can buy the stock with the stop loss of Rs 324 for the upside immediate target of Rs 347 levels.

BUY EQUITAS: The stock has taken support on rising trend line and is holding the support base from last four trading sessions. It is holding onto the gains above its 50 DMA and is showing the potential to surpass its immediate hurdle of Rs 184 and head towards Rs 188 levels. Thus recommending buying the stock with the stop loss of Rs 172 for the upside target of Rs 184 levels.

SELL BHEL: The stock failed to surpass its hurdle of Rs 140-142 zones and started to decline. It witnessed built up of short position with an open interest addition of around 4% in previous trading session. It has a tendency of witnessing selling at every minor bounce and expecting the same to continue. Fresh Call writing was seen at Rs 140 and Rs 145 strikes which its keeping its upside limited for next couple of trading sessions. So, one can sell the stock with the stop loss Rs 140 for the downside immediate target of Rs 131 levels.

SELL BPCL: The stock failed to sustain above its Rs 610- Rs 615 levels and negated the hopes of recovery in the stock. It is turning from the resistance levels and shorts are being active in the counter. At its current price juncture it has formed a short term negative pattern and a further decline towards Rs 572 and lower levels cannot be ruled out. One can sell the stock with stop loss of Rs 612 for the downside target of Rs 572 levels.

BUY ASIAN PAINTS: The stock surpassed the hurdle of Rs 1040 levels and gave a breakout on daily and weekly charts. It has been making higher highs from last three sessions and higher highs – higher lows from last five weeks. It formed a Marubozu candle on daily chart at its lifetime high levels which has bullish implications. Thus one can buy the stock with the stop loss of Rs 1032 for the upside immediate target of Rs 1100 levels.

Hot Stocks For 2016




BUY MOTHERSON SUMI: The stock has been making higher highs – higher lows from last five trading sessions and is now at its eleven months high levels. It gave the highest daily close since 21st August 2015 and according to the price placement of the stock it is well placed to head towards Rs 327 and higher levels. It has been making higher top higher bottom formation from last five months. So, one can buy the stock with the stop loss of Rs 307 for the upside immediate target of Rs 327 levels.

BUY HCL TECHNOLOGIES: The stock surpassed its resistance of Rs 740 zones after the struggle of last eleven trading sessions. The positive price action was led by short covering followed by built up of long position. It has formed a bullish price structure and according to its current placement an up move towards Rs 762 and higher levels cannot be ruled out. It is giving an early sign of bottoming out and has also given the highest daily close of last thirteen trading sessions. Thus recommending buying the stock with the stop loss of Rs 712 for the upside immediate target of Rs 762 levels.

SELL GAIL: The stock failed to surpass the multiple hurdles of Rs 400-402 levels even after strong move seen in the broader market. It has been hovering near its resistance levels from last couple of trading sessions and witnessing built up of short as well as liquidation of longs. So, one can sell the stock with the stop loss Rs 410 for the downside immediate target of Rs 384 levels.

ZEE ENTERTAINMENT ENTERPRISES: BUY

Target: Rs 380
Stop Loss: Rs 403

The stock crossed and closed above its hurdle of Rs 390 levels and also moved above its 50 and 200 DMA. It gave the highest daily close of last twelve trading sessions and snapped the losses made in the last week of march from Rs 395 to Rs 372 levels. Now fresh rally towards Rs 403 and higher levels cannot be ruled out. It is continuously respecting to its 50 weekly moving average on closing basis from last six weeks. So we are recommending buying the stock with stop loss of Rs 380 for the upside immediate target of Rs 403 levels.

GRUH FINANCE: BUY
Target: Rs 238
Stop Loss: Rs 255

The stock gave the highest daily close thirty trading sessions after recording a consolidation breakout above its 50 DMA. It is gradually rising from last four weeks after forming a bottom at its multiple support levels. It is well placed at the current price juncture to continue the positive price move of last consecutive two trading sessions and move towards Rs 255 and higher levels. So we are recommending buying the stock with stop loss of Rs 238 for the upside immediate target of Rs 255 levels.

COAL INDIA: SELL
Target: Rs 298
Stop Loss: Rs 280

The stock has been making lower top – lower bottom formation with sustained supply pressure. It has a tendency of witnessing selling pressure at every attempt to bounce back. It has broken the weekly support and January low of Rs 287.75 zones and registered the fresh 52 weeks lows. It has been witnessing built up of short position even at current levels which has bearish implication for further declines. One can sell the stock with stop loss of Rs 298 for the downside target of Rs 280 levels.

AJANTA PHARMA: SELL
Target: Rs 1,430
Stop Loss: Rs 1,345

The stock failed to cross its multiple hurdles of Rs 1,445 – Rs 1,450 zones and is falling down from higher levels near to crucial supply zones. It has been continuously finding sustained supply near its resistance levels and shorts are again getting grip in the counter. One can sell the stock with stop loss of Rs 1,430 for the downside target of Rs 1,345 levels.

BUY UPL: The stock is holding the gains and hovering near its lifetime high levels even after profit taking seen in the broader market. It has formed an attractive price pattern and is now set for a breakout in the unchartered territory towards Rs 631 and higher levels. Thus recommending buying the stock with the stop loss of Rs 595 for the upside immediate target of Rs 631 levels.

Hot Stocks For 2017




BUY COAL INDIA: The stock surpassed the multiple hurdles of Rs 337 levels and gave the highest daily close of since 2nd December, 2015. It has been making higher highs – higher lows from last four trading sessions. It snapped the losses made in the earlier part of the month and now according to its current price placement, the stock is showing the potential to head towards Rs 347 and higher levels. So, one can buy the stock with the stop loss of Rs 322 for the upside immediate target of Rs 347 levels.

SELL BHEL: The stock failed to surpass its hurdle of Rs 142 zones and started to decline. It witnessed built up of short position with an open interest addition of around 4.5% in previous trading session. It has a tendency of witnessing selling at every minor bounce and expecting the same to continue. Fresh Call writing was seen at Rs 140 and Rs 145 strikes which is keeping its upside limited for next couple of trading sessions. So, one can sell the stock with the stop loss Rs 128 for the downside immediate target of Rs 119.50 levels.

SELL SYNDICATE BANK: The stock broke its support of Rs 73 levels and has been making lower highs – lower lows price formation from last four weeks. It has formed a negative price structure and witnessing built up of shorts and long liquidation from last couple of trading session. So, one can sell the stock with the stop loss Rs 76 for the downside immediate target of Rs 68.50 levels.

WELSPUN INDIA: BUY

Target: Rs 108

Stop Loss: Rs 97.50

The stock took support near its previous low of Rs 98.60 levels and ended the session above its 50 DMA. It’s supports are continuously shifting on the higher side and the medium term trend of the stock is also intact to positive. So one can buy the stock with the stop loss of Rs 97.50 for the upside immediate target of Rs 108 levels.

HAVELLS INDIA : BUY

Target: Rs 372

Stop Loss: Rs 345

The stock opened negative with weak global cues but held onto the support near its 50 DMA and pared its early morning losses. It took multiple supports and ended the session near the intraday high levels indicating inherent strength in the counter. It has been consolidating in a range near its lifetime high territory and now follow up buying may take it towards () levels. Thus recommending buying the stock with the stop loss of Rs 345 for the upside immediate target of Rs 372 levels.

AMBUJA CEMENTS: BUY

Target: Rs 255

Stop Loss: Rs 239

The stock managed to recover well from the lower levels with sustained buying interest and keeping its weekly trend positive. It opened negative on Friday’s session with weak global cues but managed to hold on the support and snapped most of the early morning losses. Overall it has been making higher top – higher bottom formation and gave the highest weekly closing of last forty eight weeks. So one can buy the stock with the stop loss of Rs 239 for the upside immediate target of Rs 255 levels.

TATA STEEL: SELL

Target: Rs 302

Stop Loss: Rs 325 The stock broke its support of Rs 311 levels and drifted towards Rs 295 levels. It gave the lowest daily close of last fifty one trading sessions and has formed a negative price structure. It witnessed built up of short position with an open interest addition of around 10% in previous session. One can sell the stock with the stop loss of Rs 325 for the downside immediate target of Rs 302 levels.




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