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2 Intraday Cash Buy Stock Recommendations Of Angel One

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Indian markets in trade on the last day of the Fy 2022 are trading with marginal gains with Nifty up by 0.24% at 17,540. On a YTD basis, Nifty 50 index is up by just a percent, while 1-year gains are placed at over 19%.

 
2 Intraday Cash Buy Stock Recommendations Of Angel One

Meanwhile, brokerage firm Angel One that is heavily research backed has come up with Intraday Cash Buy call for today i.e. March 31, 2022. In intra-day trade, positions get squared off on the same day and hence no delivery in securities takes place.

Here below are the 'Buy' recommendations by the brokerage:

1. Tata Communications: Brokerage suggests day traders to buy the stock of telco service provider in the price range of 1179-1180 for a target price of Rs. 1220, maintaining stop loss at Rs. 1158.

2. Balkrishna Industries: This tyre maker is a buy for intra-day in the price range of Rs. 2126-2128 for a price target of Rs. 2172, with a stop loss of Rs. 2100.

Also, retail investors can consider investment into ONGC OFS i.e. open for today during the market hours with the floor price fixed at Rs. 159.

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