Day trading companion for Thursday After showing weakness from all time highs on Tuesday, Indian stock request witnessed follow-through declines on Wednesday trade session. NSE Nifty dipped 152 points and closed at situations whereas BSE Sensex exfoliate 456 points and closed at situations. Bank Nifty indicator went off 22 points and closed at mark. According to experts, current trend indicates sharp reversal in the request. The recent swing high of could now be considered as a short term top conformation for the NSE Nifty.
On a day when the volumes on the NSE were high (but lower than that on the once two days); telecom was the only sectoral indicator that ended in the green while essence, consumer durable, capital goods, power and garden indicators fell the most Unveiling intraday trading tips for Thursday requests; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said,”The short term trend of Nifty continues to be negative and there’s a possibility of some further weakness in the coming 1-2 sessions before showing any satisfying downside brio from the lows. Important lower support for NSE Nifty is placed around to situations.”
Day trading stocks to buy moment
Participating intraday stocks for moment, stock request experts — Sumeet Bagadia, Executive Director at Choice Broking; Ravi Singhal, Vice President at GCL Securities; Dr Ravi Singh, Head of Research & Vice President at Share India and Manoj Dalmia, Director & Author at Proficient Equities Private Limited — recommended 8 shares to buy moment.
Sumit Bagadia’s intraday stocks for moment
1) Bharti Airtel Buy at CMP, target ₹ 740 to ₹ 750, stop loss ₹ 680
2] Federal Bank: Momentum buy at CMP, target ₹98 to ₹100, stop loss ₹89
Ravi Singhal’s stock of the day
3] Dr. Lal Path Labs: Sell at ₹3540, target ₹3422, stop loss ₹3570
Ravi Singh’s shares to buy or sell today
4] Bharat Heavy Electricals Limited or BHEL: Buy at ₹72.50, target ₹76, stop loss ₹71
5] Canara Bank: Buy at ₹194, target ₹199, stop loss ₹192
6] Berger Paints India: Sell at ₹802, target ₹785, stop loss ₹806
Manoj Dalmia’s stock pick for Thursday
7] Transport Corporation of India or TCI: Buy at ₹551, target ₹613, stop loss ₹524.
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