Share Market Today: 20 Shares For Profitable Trade On February 8

Share Market Today: The shares of Adani Wilmar were listed at a discount of 4 per cent on the share price of Rs 230 on BSE. On NSE, however, Adani Wilmar was listed at a discount of 1 per cent. The shares of the company, as of 10:05 AM, were trading at Rs 245.

New Delhi: Share markets have been very volatile for the past few weeks. The rising geopolitical tensions and the uncertainty around the Reserve Bank of India’s (RBI) stance on the Monetary Policy are the major factors spooking the Indian share markets. Sensex, on Monday, closed 1,000 points lower due to weak performance by Financial Services, Pharma and FMCG shares.

However, on Tuesday, the share markets were trading flat. The shares of Adani Wilmar were listed at a discount of 4 per cent on the share price of Rs 230 on BSE. On NSE, however, Adani Wilmar was listed at a discount of 1 per cent. The shares of the company, as of 10:05 AM, were trading at Rs 245, 6 per cent more than the share price of Rs 230.

We are here with 20 stock recommendations for profitable trade on February 8, 2022. The investors are however advised to do their research before investing in these stocks. The recommendations have been taken from india.com’s sister concern, Zee Business.

1. Jindal Stainless: Target Price- Rs 230, Stop Loss- Rs 214
2. Polyplex Corporation: Target Price- Rs 2,045, Stop Less- Rs 1,880
3. Gujarat Alkalies: Target Price- Rs 830, Duration 2 Months
4. DLF: Target Price- Rs 465, Duration 12 Months
5. Phoenix Mills: Target Price- Rs 1,020, Stop Loss- Rs 960
6. Suven Pharma: Target Price- Rs 570, Stop Loss- Rs 552
7. MM Forgins: Target Price- Rs 680, Stop Loss- Rs 660
8. TATA Elxsi: Target Price- Rs 7,800, Stop Loss- Rs 7,580
9. BSE: Target Price- Rs 2,200, Stop Loss – Rs 2,100
10. V-Guard: Target Price- Rs 230, Stop Loss – Rs 219
11. KRBL: Target Price: Rs 270, Duration- 3 months
12. United Drilling: Target Price: Rs 700, Duration 1 Year
13. JM Financial: Target Price- Rs 75, Stop Loss- Rs 72
14. Bharti Airtel: Target Price- Rs 730, Stop Loss- Rs 698
15. Sonata Software: Target Price- Rs 1,000, Duration 6 Months
16. Tata Steel: Target Price- Rs 1,210, Stop Loss- Rs 1,170
17. Hind Copper (Futures): Target Price- Rs 146, Stop Loss- Rs 140
18. TVS Motor (Futures): Target Price- Rs 656, Stop Loss- Rs 628
19. Coal India (Options): Target Price- Rs 6.30, Stop Loss- Rs 4
20. Biocon 400 CE@11.30: Target Price- Rs 18, Stop Loss- Rs 7