Trading,
Day trading guide for today: Indian shares gained on Wednesday as global markets’ increased risk appetite was aided by easing in the banking industry. The BSE Sensex gained 346 points to 57,960, while the Nifty 50 index gained 129 points to 17,080. The Nifty Bank index gained 342 points to 39,910 at the close. Both the small-cap and mid-cap indices performed better than major benchmark indices in the overall market, gaining over 1.65% each. NSE cash market volume was at its highest in six months on the day of F&O expiration, while NSE F&O volume was at its lowest in three months.
Day trading guide for stock market today
Nagraj Shetty, Technical Research Analyst at HDFC Securities, is of the opinion that the current outlook for the Nifty is that the negative chart pattern, which includes lower tops and bottoms, appears to have stalled for the time being. Instead, we see an upside bounce from the high of 16,913 on Wednesday. Are. This pattern is anticipated to be confirmed by a subsequent upside from the 17,200 level.
“On the weekly chart, the Nifty formed a small positive candle pattern near the crucial lower support levels of 16,800. Near 17,250 levels, the next higher levels can be seen. The Bank Nifty’s short-term trend remains positive, and the banking industry has no expectations. Could move toward levels of 40,800 in the near future,” stated a HDFC Securities expert.
day trading stocks to buy today
Stock Market Experts Sumeet Bagadia, Executive Director, Choice Broking, discuss today’s intraday stocks; For today, Rajesh Bhosale, a technical analyst at Angel One, and Senior Manager – Technical Research Ganesh Dongre advised trading stocks for six days.
Sumeet Bagadia’s shares are up for Friday
1]Godrej Consumer Products: Buy at 966, target 992 stop loss 947
2]Tech Mahindra or TechM: Buy on 1081, target 1120 stop loss 1057
Ganesh Dongre’s shares will be bought today
3]Polycab: Buy on 2870, Target 2940 stop loss 2820
4]State Bank of India or SBI: Buy at 517, target 535 stop loss 503
Rajesh Bhosle intraday stock for today
5]IDFC Ltd. Buy at 78.90, set your stop loss at 77, and target 83. Buy at 2515, target 2562, and stop loss at 2494.
Disclaimer: o2help is not responsible for the opinions or recommendations expressed above—they are those of individual analysts or brokerage firms. Before making any investment decisions, we recommend that investors conduct due diligence with licensed professionals.
