Day Trading Guide for Friday: After showing weakness from higher levels on Wednesday, the Indian stock market continued with a strong rally in Thursday’s session. NSE Nifty closed 121 points higher at 17,536 level, BSE Sensex ended 454 points higher at 58,795 while Bank Nifty index lost 77 points to close at 37,364 level. According to stock market experts, this pattern indicates a return from the lower levels of the bulls.
On a day when volumes on BSE were slightly below the recent average; Realty, oil and gas, telecom and healthcare indices were the biggest gainers, while capital goods and auto indices declined the most. Midcap and smallcap indices rose 0.69 per cent and 0.87 per cent, respectively.
NSE Nifty: Day Trading Guide
Intraday trading strategy for Friday’s session unveiled; Nagraj Shetty, Technical Research Analyst, HDFC Securities said, “Thursday’s upside rally could be a relief factor for the bulls to make a comeback. The next two key resistances on NSE Nifty are likely to be seen near 17,600 and 17,800 levels in the near term. Also, expect buying at lower levels on any downside.”
day trading stocks today
Stock market experts are sharing today shares of the stock market – Sumeet Bagdia, Executive Director, Choice Broking; Rohit Singre, Senior Technical Analyst, LKP Securities; Partha Nyati, Founder, Tradingo; Ravi Singhal, Vice Chairman, GCL Securities and Ravi Singh, Research Head and Vice President, ShareIndia gave buy advice on 8 shares today.
Today trading shares of Sumeet Bagdia will be bought
1]HDFC Bank: Buy on CMP, Target 1575, stop loss 1500
2]Aster DM Healthcare: Buy on CMP, Target 218 to 222, stop loss 198
Ravi Singhal’s Day Stock
3]Vodafone Idea: buy on 11.60, target 13, stop loss 1 1
Ravi Singh Day Trading Stocks for Friday
4]GAIL (India) Limited: buy on 140, target 148, stop loss 136
5]Infosys: buy on 1720, target 1760, stop loss 1700
Today’s intraday stock of Parth Nyati
6]Suprajit Engineering: Buy on CMP, Target 485, stop loss 444
7]Chambal Fertilizers & Chemicals Ltd.: buy on 400, target 411, stop loss 394
Will buy shares of Rohit Singre today
8]Grasim Industries: buy up 1755, Target from 1800 1850, stop loss 1715
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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