8 stocks to buy or sell today – December 22
Wednesday Daily Trading Guide: After showing strong weakness over the past two sessions, the Indian stock market saw a reasonable bullish rebound on Tuesday. Nifty 50 jumped 156 points and closed at 16,770 levels while BSE Sensex appreciated 497 points and closed at 56,319 levels. Nifty Bank climbed 168 points and closed at 34,607 points. According to stock market experts, the current market structure shows a weak bullish rebound in the market.
Daily trading guide for Nifty today
Unveiling of the day trading strategy for Wednesday; Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said: “The negative trend set up in Nifty is still intact and Tuesday’s bullish rebound may not have changed sentiment so far. There is a possibility of a minor bullish rebound on NSE Nifty towards 17,000 to 17,100 levels in the next few sessions and the market should reverse from the higher levels. Immediate support for Nifty is placed at 16,630 levels. “
Sharing day trading stocks to buy today, Stock Market Experts – Sumeet Bagadia, Executive Director of Choice Broking; Ravi Singhal, vice president of GCL Securities; Ravi Singh, Head of Research and Vice President at ShareIndia; Manoj Dalmia, Founder and Director of Proficient Equities Limited and Parth Nyati, Founder of Tradingo – recommended 8 stocks to buy or sell today.
Daily actions of Sumeet Bagadia for today
1]Bank of Jammu and Kashmir: Buy from CMP, target ??38 to ??40, stop loss ??34
2]IGL: Buy from CMP, target ??515, stop0 loss ??481
Ravi Singhal’s action of the day
3]HDFC: Sell to ??2555, target ??2500, stop loss ??2575
Ravi Singh Daily Trading Stocks To Buy Today
4]Coal India Ltd: Buy on ??144, target ??149, stop loss ??142
5]Canara Bank: Buy on ??192, target ??199, stop loss ??190
Manoj Dalmia’s stock selection for today
6]Pokarna: Buy nearby ??701, target ??788, stop loss ??663
Wednesday, Parth Nyati stock trading day
7]Sundram bindings: Buy from CMP, target ??900, stop loss ??842
8]Apollo Hospitals: Buy on ??4847, target ??4975, stop loss ??4775.
Warning: The opinions and recommendations expressed above are those of individual analysts or brokerage firms, not Mint.
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