Traders are suggested to buy ‘Sical Logistics’ stock for intraday dealings today. It is a productive & standard stock, which will surely left investors with good returns.

It is better for investors to purchase the stock around Rs 218-219, with a stop loss below Rs 319.50. The stock has an intraday target between Rs 366-375.

Stock market analyst Rajat K Bose has given this day trading call.

Today, the stock opened at Rs 347 on BSE, as compared to its yesterday’s closure at Rs 341.2. On the other hand, the stock opened at Rs 343.40 as against its last closure at Rs 338.5 on NSE. It has seen a 52-week high of Rs 366 on Bombay Stock Exchange.

At present (11:00 am) the stock is trading positively on both BSE and NSE.

Sical Logistics is fundamentally very strong. The company with the huge expansion plans is rising quickly. Its strong network is likely to expand exponentially year over year offering plentiful scope for investments.

Other stocks from the same induatry that will zoom today include L&T, Reliance Inds and Grasim Ind.