Day trading guide for today: Following the weakness in the Asian stock market, the Indian stock market broke its six-day rally on Wednesday. The NSE Nifty closed 57 points down at 18,089, the BSE Sensex closed 161 points down at 61,193 while the Nifty Bank index closed 39 points down at 43,312. However, the broad market indices closed with gains on Wednesday. The Small Cap Index gained 0.20 per cent and the Mid Cap Index gained 0.35 per cent. The advance decline ratio ended marginally positive at 1.04:1.
Day trading guide for stock market today
on outlook for smelly TODAY, Nagraj Shetty, Technical Research Analyst HDFC Securities said, “Nifty’s short term trend seems to have cooled down after a good rally. Further consolidation or minor weakness is likely for next 1-2 sessions before showing an upward bounce from higher lower levels.” Immediate support for . NSE Nifty is placed at 17,900 level.”
Anticipating further strength in the Indian stock market, Rohan Patil, Technical Analyst, Samco Securities said, “The oscillators have moved into the overbought zone in the lower time frame and profit booking cannot be ruled out at the current levels. Open Interest Data Sideways Movement suggests. Now, 18,100 and 18,200 are major hurdles and 18,000 is an important support selling option for range on Nifty 50 index.”
Siddharth Khemka, Head – Retail Research, on trading guide on today’s stock market opening Motilal Oswal Financial Services “Domestically, the market structure remains positive due to strong macro data, strong earnings and FII buying in last few days. Several PSU stocks from sectors like railways, defence, capital goods remained strong,” said. pace the last few days.”
day trading stocks for today
On intraday stocks for today, Stock Market Experts – Sumeet Bagadia, Executive Director, Choice Broking; Anuj Gupta, Vice President – Research at IIFL Securities; Jigar Patel, Senior Technical Analyst Anand Rathi and Rajesh Bhosale, Technical Analyst, angel one — Recommended eight day trading stocks for today.
sumit bagadia intraday stock for today
1]Tata Motors: Buy at CMP, Target since 495 500, stop loss 472
2]HUL: Buy on CMP, Target since 2525 2540, stop loss 2450
Jigar Patel day traded stocks to buy today
3]Tata Consumer: Buy on 778, target 798 stop loss 765
4]Laurus Labs : Buy on 322, target 335 stop loss 313
Buy or Sell Anuj Gupta’s Stock for Today
5]NTPC: Buy on CMP, target 188, Stop Loss 166
6]Cipla: Buy on CMP, Target 965, stop loss 884
Rajesh Bhosle’s shares will be bought today
7]Chambal Fertilizers: Buy at 294, target 307 stop loss 286
8] united spirits or buy at McDowell-n: 786, target 816 stop loss 771.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint. We advise investors to do due diligence with certified experts before making any investment decision.
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