Fundamental and Technical Stock Picks: How to trade Asian Paints, HPCL, BPCL, ONGC, NTPC, over a dozen other scrips

Fundamental and Technical Stock Picks: Caution remains visible across sectors on Dalal Street, and global cues aren't helping, with investors weighing incoming headlines from the West and as the US-Israel-Iran conflict drags on for two straight weeks. At the current juncture, Iran's new leader has signalled no intention to step back unless America removes its assets from the Middle East. On the flipside, US President Donald Trump continues to voice his firm stance against Iran's nuclear programme. And it's Friday, the 13th on Dalal Street!

It's been a fortnight of wild swings for the headline indices. The Sensex has seesawed in a broad range of almost 10,000 points -- between 75,882.3 and 85,871.73 -- so far this year.

Sharp spikes in fear gauge India VIX continue to sound the alarm as the bulls attempt to rescue the headline gauges from lower levels. With heightened geopolitical tensions meeting no sign of abating as yet, market participants will have to wait and watch as the bulls and the bears on Dalal Street approach the end of yet another eventful week.

Add Zee Business as a Preferred Source

Zee Business analysts Ansh Jogendra Bhilwar and Pooja Tripathi have studied more than a dozen stocks and prepared a list of picks across cash, derivative, short-term (day trading and positional) and long-term (investment) themes.

On their radar are stocks like Asian Paints, HPCL, BPCL and ONGC.

Stocks to trade in cash | Jubilant Pharmova, Kalpataru Ltd

Bhilwar suggests buying Jubilant Pharmova shares in the spot market for a target price of Rs 882 with a stop loss at Rs 800.

Tripathi suggests buying Kalpataru Ltd shares for a target price of Rs 307 with a stop loss at Rs 295.

Stocks to trade in futures | BSE, ONGC

Bhilwar suggests buying BSE futures for a target of Rs 3,024 with a stop loss at Rs 2,767.

Tripathi suggests buying ONGC futures for a target of Rs 280 with a stop loss at Rs 265.

Options trading stock picks | NTPC, OIL India

Bhilwar recommends buying the 400 call option in NTPC for a target price of Rs 10 with a stop loss at Rs 2.

Tripathi suggests traders pick the 480 call option in OIL India at Rs 17 for a target of Rs 30 with a stop loss at Rs 10.

Technical picks | Chennai Petroleum, Asian Paints

Bhilwar suggests buying Chennai Petroleum shares for a target price of Rs 1,052 with a stop loss at Rs 887.

Tripathi suggests selling Asian Paints shares for a target of Rs 2,177 with a stop loss at Rs 2,243.

Fundamental stock picks | CG Power, Godrej Properties

Bhilwar recommends buying CG Power shares for a target of Rs 815 with a stop loss at Rs 700.

Tripathi suggests buying Godrej Properties shares for a target of Rs 1,700 over six months.

Stock investment picks | Bajaj Finance, Bharti Airtel

Bhilwar suggests buying Bajaj Finance shares for a target price of Rs 975 with a stop loss at Rs 815.

Tripathi recommends buying Bharti Airtel shares for a 12-month target of Rs 1,950.

Stocks making headlines | Reliance, Max Financial

Bhilwar recommends buying Reliance shares for a target of Rs 1,480 with a stop loss at Rs 1,345.

Tripathi suggests buying Max Financial shares for a target of Rs 1,729 with a stop loss at Rs 1,679.

Special stock picks

Ansh Jogendra Bhilwar:

• Buy the GE Shipping counter for a target of Rs 1,600 with a stop loss at Rs 1,440
• Buy Dalmia Bharat shares for a target of Rs 1,970 with a stop loss at Rs 1,858
• Buy Ajanta Pharma shares for a target of Rs 3,328 with a stop loss at Rs 3,017

Pooja Tripathi:

• Sell HPCL shares for a target of Rs 375 with a stop loss at Rs 387
• Sell BPCL shares for a target of Rs 319 with a stop loss at Rs 329
• Sell Indigo shares for a target of Rs 4,160 with a stop loss at Rs 4,293