Day Trading Stocks: Amid a range-bound action on Thursday, Nifty moved into a consolidation with weak bias on Monday and ended 13 points lower at 17,355, while the BSE Sensex lost 127 points to 58,177. According to stock market experts, this pattern indicates sideways range movement in the market. The market action of the last five sessions from new highs indicates lack of sharp selling participation in the market. This pattern could eventually result in an upside breakout of the sideways range in the near term.
Asian stocks started the week at 2-1/2-week lows on signs of tax and regulatory pressures, along with accelerating inflation on the world’s biggest companies. Japan reported that its wholesale prices were near a 13-year high in August, raising concerns over inflation as the country prepares for a leadership change. European stock markets rallied, Federal Reserve officials said, with the US economy recovering enough from the pandemic for emergency fiscal stimulus, boosting stocks in sectors seen to benefit from GDP growth and higher interest rates. have been found.
trade view on nifty
Speaking on Intraday Trading Tips with regards to NSE Nifty; Nagraj Shetty, Technical Research Analyst, HDFC Securities said, “Short term trend of Nifty continued with range bound action, but overall market breadth has turned positive. Nifty expected to form a higher bottom reversal near 17,250 level (Before witnessing another round of uptrend in the next 1-2 sessions. Immediate resistance for NSE Nifty is at 17,450 levels.”
intraday stocks for today
Unveiling the shares for the day’s trading on Tuesday, Stock market experts – Sumeet Bagdia, Executive Director, Choice Broking; Sandeep Matta, Founder, TRADEIT Investment Advisors; Manoj Dalmiya, Director & Founder, Proficient Equities Pvt Ltd and Rohit Singre, Senior Technical Analyst, LKP Securities – have 6 buy recommendations on the stock today.
day trading stock of sumit bagadia
1]Kotak Bank: buy speed on cmp, target ₹from 1880 ₹1925, Stop Loss ₹1815
2]Aarti Industry: Buy on CMP, Target ₹975, stop loss ₹900
Will buy shares of Sandeep Matta today
3]Apollo Hospitals: buy up ₹4750, target ₹from 4850 ₹4900, stop loss ₹4660
Today Stock of Manoj Dalmiya
4]Oriental Aromatics: buy speed ₹1013, target ₹1123, stop loss ₹977
Rohit singre intraday trading stock for today
5]Max Financial Services Limited or MFSL: buy speed on cmp, target ₹from 1150 ₹1200, stop loss below ₹1070
6]AIA Engineering: Buy on CMP, Target ₹from 2180 ₹2220, stop loss down ₹2050.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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