9 stocks to buy or sell today – October 13
Wednesday’s Daily Trading Guide: The Indian stock market closed in positive territory on Tuesday. NSE Nifty gained 46 points and closed at 17,991 levels while BSE Sensex rose 148 points and closed at 60284 levels. Bank Nifty rose by 227 points and closed at 38521 levels. On a day when the trading volumes on the New York Stock Exchange were in line with the recent averages; The indices of durable consumer goods, metals and consumer goods, were the top gainers, while the ICT indices declined the most. The BSE stock index closed up 0.65 percent, while the index of small companies closed 0.26 percent higher.
Trade view on Nifty
According to stock market experts, despite the NSE Nifty correcting from Monday’s highs, it bounced back on Tuesday and managed to close on a solid note above the 20 DMA (days moving average). This indicates that the short-term uptrend appears to be continuing.
Talk about the day trading strategy; Subash Gangadharan, chief technical and derivatives analyst at HDFC Securities, said, “More difficulties are likely for NSE Nifty once immediate resistance at 18,009 is removed. Next upside target for Nifty is 18,100. Immediate support for NSE Nifty to watch for weakness. It is at 17,958 levels.”
Stock trading day for today
Daily Stock Sharing for Today, Stock Market Experts – Sumit Baghadia, CEO, Choice Broking; Mudit Joel, Senior Research Analyst, SMC Global Securities; Ravi Singhal, Vice Chairman, GCL Securities; Dr. Ravi Singh, Head of Research and Vice President, Share India; Sandeep Mata, founder of TRADEIT Investment Advisors and Manoj Dalmia, director and founder of Proficient Equities Private Limited – recommended nine stocks on the day.
Sumit Baghadia daily stock for today
1]Hindustan Petroleum Corporation Limited or HPCL: Buy in CMP, the goal NS338 to NS345, stop loss NS318
2]Hindustan Unilever Ltd or HUL: Momentum buy at CMP price, target NS2750 to NS2820, stop loss NS2600
Mudit Goel Stock Today
3]Tata Consumer Products: Buy in CMP, the goal NS834, stop loss NS805
Buy ravi singh shares today
4]Ambuja cement: buy around NS405, target NS414, stop loss NS401
5]Exide Industries: buy in NS187, target NS195, stop loss NS184
Buy Sandeep Matta Shares Today
6]3M India: buy above NS26000, target NS28500, stop loss NS24000
7]NMDC: buy in NS152, target NS164, stop loss NS141
Ravi Singhal daily trading shares
8]United Breweries Limited or UBL: buy in NS1717, target NS1766, stop loss NS1701
Manoj Dalmia stock intraday for Wednesday
9]Indian Bank: buy in NS160.50, target NS175, stop loss NS155.50.
Disclaimer: The opinions and recommendations above are those of individual analysts or brokerages, and are not issued by the mint.
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