EaseMyTrip, ZEEL, and JP Power: Three top stock picks for February 27: Experts

Indian equity markets saw a mixed session on Tuesday, February 25, as the benchmark indices Sensex and Nifty 50 posted modest early gains but ended flat due to lackluster sentiment. The Nifty 50 closed marginally lower by 0.03% at 22,547, while the Sensex gained 0.20%, closing at 74,602, aided by financial stocks. Meanwhile, the Nifty Midcap 100 index declined by 0.88% to 49,702, and the Nifty Smallcap 100 index slipped 0.44% to 15,408.

Sumeet Bagadia, Executive Director at Choice Broking, noted that the market continues to exhibit a sideways to weak trend, with the Nifty 50 index trading between 22,500 and 22,800. He emphasized that a drop below 22,500 could trigger further selling pressure, while a closing above 22,800 is necessary to revive positive market sentiment. The opening hours of Thursday’s session will be crucial in determining the market's direction.

Sumeet Bagadia’s Stock Recommendations Under ₹100

Despite subdued global market cues, Bagadia has identified three stocks under ₹100 that he believes offer momentum buying opportunities:

EaseMyTrip (EMT)

Entry Price: ₹12.29

Stop Loss: ₹11.85

Target Price: ₹13.15

Zee Entertainment Enterprises (ZEEL)

Entry Price: ₹99.77

Stop Loss: ₹96.27

Target Price: ₹107

Jaiprakash Power Ventures Limited (JP Power)

Entry Price: ₹13.97

Stop Loss: ₹13.48

Target Price: ₹14.94

Market Outlook

Bagadia stressed the importance of closely monitoring the Nifty 50’s movement, particularly around the 22,500 and 22,800 levels, to gauge the overall market trend. With volatility persisting, he advises traders to implement strict stop losses and follow technical indicators before making investment decisions.

Disclaimer: The recommendations above are based on the analysis of individual experts and brokerage firms. Investors are strongly advised to consult certified financial advisors before making any investment decisions, as market conditions are subject to change.