9 stocks to buy or sell today – September 30
Daily trading guide for today: After showing strong weakness and an intraday bullish rally on Tuesday, Nifty moved into a consolidation with a low bias on Wednesday and closed the day 37 points lower at 17,711 levels. BSE Sensex lost 254 points and closed at 59,413 levels. A promising bullish rally emerged between the middle and the end, but the market was unable to close on highs. According to stock market experts, this trend indicates high wave type formation. Normally, such formations after a reasonable drop might suggest a possibility of stopping the current trend and this needs to be confirmed by a reasonable bullish move in subsequent sessions.
A day when the volumes on the NSE were above the recent average; the energy, metals and real estate indexes gained the most, while the indexes of banks, automobiles, capital goods and consumer goods fell the most.
Commercial view on NSE Nifty
Unveiling of Intraday Trading Tips for Today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said: “Nifty’s short-term trend remains negative. 1 to 2 sessions. A sustained move above the immediate 17,800 resistance could open a strong bullish rebound towards the 18,000 mark. NSE Nifty’s immediate support is placed between 17,580 and 17,600. “
Day trading stocks to buy today
Unveiling Intraday Stocks For Today, Stock Market Experts – Sumeet Bagadia, Executive Director of Choice Broking; Mudit Goel, Senior Research Analyst at SMC Global Securities; Rohit Sigre, Senior Technical Analyst at LKP Securities; Ravi Singhal, vice president of GCL Securities; Sandeep Matta, founder of TRADEIT Investment Advisors; Dr Ravi Singh, Head of Research and Vice President, ShareIndia and Manoj Dalmia, Director and Founder, Proficient Equities Private Limited – recommended 9 intraday stocks for today.
Daily actions of Sumeet Bagadia
1]HDFC Life: Buy from CMP, target ??755 to ??765, stop loss ??715
2]Bank of Baroda: Buy from CMP, target ??85 to ??88, stop loss ??77.50
Mudit Goel’s action of the day
3]L&T Finance Holdings: Buy from CMP, target ??95, stop loss ??87
Rohit Sigre’s intraday actions for today
4]Nitrite Deepak: Momentum buy at ??2360, target ??2420 to ??2480, stop loss ??2330
5]Tata chemicals: BTST buy on ??926, target ??946 to ??960, stop loss ??910
Ravi Singhal’s share to buy today
6]Small financing bank of the AU: Buy on ??1158, target ??1222, stop loss ??1127
Ravi Singh’s shares to buy
7]Aarti Industries: Buy on ??930, target ??980, stop loss ??900
8]Power of Tata: Buy on ??150, target ??160, stop loss ??147
Daily actions of Manoj Dalmia for Thursday
9]KRBL: Buy on ??302, target ??320, stop loss ??295.
Disclaimer: The opinions and recommendations expressed above are those of individual analysts or brokerage firms, not Mint.
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