Day Trading Guide for Friday: Nifty closed at another record high of 17,822 on Thursday with broad gains in large-caps. Following positive Asian cues, Nifty opened with gains and continued to climb throughout the day with minimal correction. The BSE Sensex closed at 59,885, up 958 points. Small-cap and mid-cap indices outperformed the Nifty with gains of 0.9 per cent and 1.2 per cent, respectively.
Realty’s performance was up 8.7 per cent on a day when volumes on the NSE were higher than the recent average. It was followed by capital goods, banking and energy indices. The FMCG index closed marginally lower.
Asian stocks made cautious gains on Thursday, backed by some positive news from cash-strapped developer China Evergrande Group. European stocks edged higher for the third day on improved global sentiment as worries over cash-strapped developer China Evergrande eased. Eurozone business activity grew at its weakest pace in five months in September as demand and supply-chain constraints to limit the delta version of the coronavirus pushed input costs to a more than two-decade high, a survey showed. level pushed.
Trade View on NSE Nifty
Speaking on the day trading strategy for Friday; Deepak Jasani, Head of Retail Research, HDFC Securities said, “Nifty is slowly and steadily moving towards the 18,000 mark, unless some global event (like Evergrande) affects the momentum.”
day trading stocks to buy today
Intraday stocks sharing stock market experts for today – Sumeet Bagdia, Executive Director, Choice Broking; Mudit Goyal, Senior Research Analyst at SMC Global Securities; Rohit Singre, Senior Technical Analyst, LKP Securities and Sandeep Matta, Founder, TRADEIT Investment Advisors have 7 buy recommended shares today.
Sumit Bagadiya trading stock today
1]NBCC: buy on ₹cmp, target ₹from 50 ₹52, stop loss ₹44
2]Larsen & Toubro: buy speed on cmp, target ₹from 1825 ₹1850, stop loss ₹1725
mudit goyal stock today
3]Alkem Laboratories: Buy on CMP, Target ₹4050, stop loss ₹3930
Rohit Singre intraday stock for today
4]Tata Motors: buy on ₹318, target ₹330 to ₹345, stop loss down ₹308
5]Piramal Enterprises Limited or PEL: buy on ₹2765, Target ₹from 2820 ₹2850, stop loss down ₹2720
Will buy shares of Sandeep Matta today
6]RBL Bank: buy on ₹185, target ₹200, stop loss ₹172
7]Star Cement: buy on ₹108, target ₹120, stop loss ₹100.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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