Domestic equity benchmarks closed with over 1 per cent gain on Tuesday, January 4, 2022. Bulls took control as the Indian markets ended higher for the third straight session on Tuesday. The market was supported by positive global cues and push from power and banking stocks. The Nifty50 and the S&P BSE Sensex rose by 179.55 points or 1.02% 17,805.25 and by 672.71 points or 1.14% to 59,855.93  on Tuesday.   

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“We have achieved the 17800-17850 target for the index! There might be some level of resistance between 17800-17950, but eventually the market might want to scale higher to 18050-18100. Any dip or intraday correction can be utilized to add long positions on the Nifty, "said Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments.  

Meanwhile, Asian markets were trading flat to negative on Wednesday. Hang Seng Index was trading lower by 266 points to 33, 021, Japanese Nikkei 225 traded flat as the index traded with 5 points gain and Shanghai Composite was down 0.69% at around 7.50 am.  

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The US markets too closed largely in the red on Tuesday. Dow Jones closed with 215 points gain, however other indices ended in red as Nasdaq Composite slipped 1.33%, S&P 500 declined 0.06% and Russell 2000 ended with loss of 0.16% on Tuesday.  

Below is the list of 20 stocks for profitable trade. These stocks have been identified from cash, future & options and techno segments. Take a look:  

Ashish Chaturvedi Stock Picks 

CASH STOCK 

BUY CLEAN SCIENCE TARGET 2900 SL 2595 

FUTURES 

BUY COFORGE TARGET 6210 SL 6020 

OPTIONS 

BUY LTTS 6000 CE TARGET 290 SL 157 

TECHNO 

BUY ASIAN PAINTS TARGET 3700 SL 3360 

FUNDA 

BUY BHANSALI ENGINEERING 215 SL 158 

INVESTMENT PICK 

BUY SBI LIFE TARGET 1520 DURATION 12 MONTHS 

STOCK IN NEWS 

BUY BHARAT FORGE TARGET 735 SL 710 

MY CHOICE 

BUY BLUEDART TARGET 6755 SL 6496 

BUY AVANTI FEEDS TARGET 650 DURATION 1 MONTH 

BUY TATA ELXSI TARGET 6200 SL 5900 

MY BEST 

BUY BHANSALI ENGINEERING TARGET 215 SL 158 

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Varun Dubey Stock Picks  

Cash 

Buy Go Fashion Target Rs 1090 SL Rs 1030 

Futures 

Buy Bharti Airtel Target Rs 715 SL RS 690 

Options 

Buy Coal India 153.5 CE Target Rs 5.5 SL RS 3.5 

Tech 

Buy HDFC Life Target Rs 680 SL RS 640 

Funda 

Buy Thermax Target Rs 1880 SL RS 1780 

Invest 

Buy MSTC Target Rs 500 Duration 2 Months 

In News 

Buy AU Small Finance 1140 SL RS 1075 

My Choice 

Buy ONGC Target 154 SL RS 145 

Buy Chambal Fert Target Rs 420 SL RS 400 

BUY AFFLE INDIA TGT 1360 SL 1300 

Best Pick 

Buy MSTC Target Rs 500 Duration 2 Months