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Stocks to buy today: Sun Pharma, Lupin among top 6 trading ideas for 27 December 2024

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[hfe_template id='11223'] [ad_1] The Indian market is likely to trade higher on Friday, tracking positive global cues. The Nifty futures closed in the negative with losses of 0.09%, at the 23,748 levels on Thursday. On the options front, the maximum Call OI is placed at 24,000, followed by the 25,000 strikes, while the maximum Put OI is placed at 23,800, followed by the 23,000 strikes. Call writing is seen at 23,800 and then at the 24,000 strikes, while Put writing is seen at 23,800 and then at the 23,000 strikes. “Options data suggests a broader trading range between the 23,200 to 24,200 zones, with an immediate range between the 23,500 to 23,900 levels,” said Chandan Taparia, Head of Equity Derivatives & Technicals at Wealth Management, MOFSL. “Nifty formed a Doji-like candle on the daily chart on Thursday, showing multiple Dojis, which indicates indecisiveness. A lack of follow-up buying is preventing the index from making any significant movement,” he said.“Now, ...

Stocks to buy today: Data Patterns, Max Financial among ideas for long-term gains

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[hfe_template id='11223'] [ad_1] Brokerage firms have shared their insights and recommendations on three prominent companies, highlighting potential investment opportunities for the next year. Nirmal Bang remains optimistic about Data Patterns, citing strong leadership and robust R&D capabilities, with an 18% upside potential. Jefferies has expressed confidence in PI Industries, despite a target price revision, emphasizing growth prospects driven by new product launches and stable margins, with a 21% upside. Additionally, Jefferies sees significant growth potential in Max Financial Services, supported by rebranding efforts and attractive valuations, projecting a substantial 48% upside. Below is a list of recommendations from top brokerage firms, sourced from ETNow and other platforms: Nirmal Bang on Data Patterns: Maintain Buy, Target Price at Rs 2,997 | LTP Rs 2,541 | Upside 18% Nirmal Bang has maintained a "Buy" rating on Data Patterns, setting a target p...