The Zee Business research team has compiled a list of 20 stocks for investors and traders to track on November 22, 2024. Analysts Kushal Gupta and Ashish Chaturvedi have highlighted their top picks, including buying Orchid Pharma and SJVN shares for immediate profits, and investing in MRF, Radico Khaitan and Afcons Infrastructure for long-term gains. Technical and fundamental picks are also included, making this Traders' Diary a must-read for all stock market enthusiasts.
Stock Buy and Sell: A Comprehensive Guide
Stock trading involves buying and selling shares of public companies listed on stock exchanges. It is a popular investment strategy used to generate profit or speculate on the future value of a company. There are various factors that influence stock prices, including economic conditions, company performance, industry trends, and investor sentiment.
Google Search: "Stock Buy and Sell"
Google Trends data shows a surge in searches for "Stock Buy and Sell" in recent years, indicating a growing interest in this topic. This trend suggests that more and more people are seeking information and guidance on how to navigate the stock market.
Zee Business Research Team's Stock Picks
According to a November 2024 report by the Zee Business research team, here are their top stock picks for investors and traders:
For Immediate Profits:
For Long-Term Gains:
FAQs
Q1: How do I get started with stock trading?
A1: To start stock trading, you need to open a brokerage account with a reputable financial services company. You can then research stocks and place buy/sell orders through the brokerage's platform.
Q2: What are the risks involved in stock trading?
A2: Stock trading carries various risks, including the potential for losses, market volatility, and unforeseen events. It is crucial to understand the risks and invest only what you can afford to lose.
Q3: How do I choose the right stocks to buy?
A3: Stock selection involves considering factors such as company fundamentals, industry analysis, and technical indicators. It is also important to set investment goals and align stock choices with those goals.
Q4: What are some common stock trading strategies?
A4: Common stock trading strategies include day trading, swing trading, and long-term investing. Each strategy has its own unique characteristics and risk profile.
Q5: How do I stay informed about the stock market?
A5: To stay informed, follow financial news sources, attend investment conferences, and read industry reports. You can also use stock market data platforms to track stock prices and trends.
Outlandish, an e-commerce startup, is opening a new brick-and-mortar store in Santa Monica's 3rd Street Promenade, featuring a first floor of branded stalls and a second floor for shopping. The store aims to mix live online selling with in-person retail, as visitors can watch influencers and sellers on livestreams and even join in themselves. The concept taps into the growing trend of live shopping in the US, with TikTok itself actively promoting and hosting events centered around live selling. This move by Outlandish is in line with TikTok's efforts to recreate the success of its Chinese sister app, Douyin, which drives billions in annual product sales.
The highly volatile Mad cryptocurrency has seen a massive surge of 67% in the last 24 hours, trading at $0.00006226 as of 02:49 a.m. EST. This sudden spike in price, along with a heavy overbought RSI level of 86, signals a potential correction or pullback in the near future. However, the Mad price has managed to break above both the 50-day and 200-day SMAs, indicating a strong and sustained bullish trend. The ADX value above 60 also confirms the strength of this rally. Stay updated on this exciting development by joining our Telegram channel.
In a note released on Friday, JPMorgan addressed concerns over potential credit risk for Indian banks heavily exposed to the Adani Group, following the recent indictment of its billionaire founder, Gautam Adani, in the US. While the charges have sparked a drop in shares of state-owned banks, JPMorgan analysts have deemed the banks' exposure "manageable," with their assessment showing a low risk of default from the Adani Group. However, global and local banks are expected to take a cautious approach in providing any new funding to the conglomerate, with potential for higher interest rates due to heightened risks.
In a state of the nation address, Kenya's President announced the cancellation of major deals with Indian tycoon Gautam Adani, including an airport expansion project and power transmission lines. This decision was made in light of U.S. bribery and fraud indictments against Adani, who has been charged with securities fraud and conspiracy. The controversial deals had faced backlash from Kenyan protesters and airport workers concerned about potential job losses. Despite claims from Kenya's Energy Minister that no corruption was involved on their part, the country has now severed ties with Adani's conglomerate.
X's new terms of service, which allow the company to use user data and hold users accountable for overusing the platform, are prompting long-time users, including celebrities like Gabrielle Union, to leave the popular microblogging platform. In response, many users are turning to Bluesky, a microblogging startup, with its U.S. mobile app downloads increasing by an estimated 651% since the start of November. Despite X and Meta's larger user bases, Bluesky's growth suggests many users are looking for alternatives to X's new terms.
Zomato’s new “Food Rescue” feature caught the attention of Bengaluru resident Bhanu who offered practical and thoughtful suggestions to CEO Deepinder Goyal. Impressed by his insights, Goyal extended an unexpected job offer to Bhanu, a product manager working for a startup. This positive exchange highlights the importance of hiring talented individuals who offer practical solutions to enhance a company’s operations. Zomato, known for handling over 4,00,000 cancelled orders per month, aims to prevent food wastage with their new feature, which offers discounted meals to customers within a 3km radius of a delivery partner with a cancelled order.
Zerodha co-founder and CEO Nithin Kamath shared a humorous mock obituary for Bank Nifty Weekly contracts on social media. The post, created by one of his old trader friends, announced the "passing" of Bank Nifty Weekly and mentioned its struggles with regulation. The post has since gone viral, with many traders reminiscing about their experiences with this contract.
Billionaire Elon Musk has confirmed that X, formerly known as Twitter, has become the number-one news app on Apple's AppStore in India. Musk acquired X for a whopping $44 billion in October 2022. This news comes after user 'DogeDesigner' shared a post about X's success on the AppStore. Stay updated on the latest Business news, stock market updates, and financial tips through Zee Business's Twitter, Facebook, and YouTube channels.
As India's Test coach, Gautam Gambhir faces a crucial test in the upcoming Border-Gavaskar Trophy series against Australia, as his position could be at risk if the team fails to perform well. There have been reports that the BCCI is considering making a change in the coaching position if India disappoints once again. Gambhir has recently faced criticism for Team India's poor performance in Tests against New Zealand and there have been discussions about potential replacements, including VVS Laxman. These issues were discussed in a 6-hour long meeting between Gambhir, Ajit Agarkar, and Rohit Sharma. However, the presence of disagreements between Gambhir and the team's think-tank raises concerns ahead of the crucial Test series.