Day Trading Guide for Friday: After showing weakness on Wednesday, the Indian stock market closed strongly on Thursday and closed the day with a slight increase. Nifty 50 closed 27 points higher at 17,248 level while BSE Sensex closed 113 points higher at 57,901 level. However, Nifty Bank lost 240 points to closed at 36,548. According to stock market experts, the current pattern indicates the continuation of action in the market in a limited range.
day trading guide for nifty today
Unveiling the day trading strategy for the stock market today; Nagraj Shetty, Technical Research Analyst, HDFC Securities said, “Short term trend of Nifty remains range bound with negative bias. NSE Nifty remains above support at 17,180 to 17,200 levels, likely to turn bearish in a post bearish pattern. An upward move from lower levels is indicated in the coming sessions. Any permanent upward move from current levels on NSE Nifty may again face resistance at 17,550 to 17,600 levels in the near term.”
day trading stocks
Stock market expert – Sumeet Bagdia, Executive Director, Choice Broking; Ravi Singhal, Vice Chairman, GCL Securities; Ravi Singh, Head of Research and Vice President at ShareIndia; Manoj Dalmiya, Founder & Director, Proficient Equities Ltd., and Partha Nyati, Founder, Tradingo, today listed 8 shares for buy or sell.
Sumeet Bagadiya Day Trading Stocks
1]Infosys: Buy on CMP, Target 1820, stop loss 1730
2]LIC Housing Finance: Sell on CMP, Target 365 to 360, stop loss 388
Ravi Singhal’s Day Stock
3]Kotak Mahindra Bank: sell around 1860, target 1822, stop loss 1877
Ravi Singh’s Day Stock Picks
4]SRF: buy on 2216, target 2300, stop loss 2180
Today Trading Stock of Manoj Dalmiya
5]Sarla Performance Fiber: buy on 63.50 target 71, stop loss 59
6]Guinea Filaments: buy on 43.50, target 51, stop loss 38.80
Shares of Parth Nyati can be bought today
7]National Chemicals and Fertilizers or RCF: buy on 79.80, target 83, stop loss 78
8]Speed: buy on 175.60, target 185, stop loss 171
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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