8 stocks to buy or sell today — March 25

Today’s trading guide for Friday: After showing higher level weakness of around 17,400 on Wednesday, the Nifty 50 index continued its choppy move on Thursday and closed 22 points lower at 17,222 levels while BSE Sensex lost 89 points and closed at 57 595 levels. The Nifty Bank Index fell 620 points and closed at 35,527 levels.

According to stock market experts, a long positive candle formed at the bottom of the daily chart with a minor upper shadow. Technically, this pattern indicates broader range movement for Nifty around 17,400 to 17,100 levels. Having placed at the bottom, there is a possibility of an upward bounce in the coming sessions.

Daily trading guide for the stock market today

Intraday Trading Strategy Unveiled for Nifty Today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said: “The broader uptrend status remains intact for Nifty and we are seeing a positive streak like higher highs and lows on the daily chart. significant resistance area for NSE Nifty is intact around 16,800-17,000. Any dip in Nifty from current levels could find strong support at the 17,000-16,900 levels and it is possible that the market will move higher towards the upper trajectory of the 17,400 to 17,500 levels in the near term.

Advise day traders to be aware of important levels with respect to the Nifty and Bank Nifty indices; Rajesh Bhosale, Technical Analyst at Angel One Ltd, said: “A wider range for Nifty today can be determined in the range of 17,000-17,450, while high risk traders can assume a short range of 17,000-17,450. 50-stock index between 17,100 and 17,375 levels. Similarly, Nifty Bank’s wider range for Friday would remain between 35,000 and 36,150 levels while the small range for the Nifty Bank Index is between 35,300 and 35 900 levels.

Day trading stocks

Sharing Intraday Trading Actions for Today, Stock Market Experts – Sumeet Bagadia, Executive Director at Choice Broking; Mehul Kothari, AVP — Technical Research, Anand Rathi Shares & Stock Brokers; Rajesh Bhosale of Angel One Ltd; Anuj Gupta, Vice President at IIFL Securities and Avinash Gorakshkar, Head of Research at Profitmart Securities — recommended 8 stocks to buy today.

Sumeet Bagadia Day Trading Stocks to Buy Today

1]Indian hotels: buy from CMP, objective 230 to 235, stop loss 210

2]Firstsource Solutions Ltd or FSL: buy from CMP, objective 140 to 145, stop loss 125

Anuj Gupta’s stock of the day today

3]State Bank of India or SBI: Momentum buy at CMP, target 520, stop loss 454

Rajesh Bhosale Intraday Action for Today

4]Lupine: buy roughly 774.60, target 810, stop loss 758

5]Persistent Systems: Shop Around 4640 target 4990, stop loss 4450

Mehul Kothari’s stock pick for today

6]VIP Industries: Buy from CMP, target rs 690, stop loss 640

Avinash Gorakshkar’s actions for Friday

7]Tata Chemicals: Buy from CMP, objective 1010, stop loss 950

8]Bharat Forge: Buy from CMP, target 735, stop loss 675.

Warning: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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