9 stocks to buy or sell today – December 3
Friday Daily Trading Guide: After posting a lasting bullish rebound on Wednesday, the Indian stock market saw significant bullish movement during Thursday’s session. NSE nifty climbed 234 points and closed at 17,401 levels, while BSE Sensex jumped 776 points and closed at 58,461 levels. The Bank Nifty index added 143 points and closed at 36,508. According to stock market experts, the current market trend shows the strength of the bulls in a downtrend.
A day when the volumes on the NSE were higher than the day before but lower than the recent average; the electricity, oil and gas and informatics indexes increased the most. The BSE small and mid-cap indices rose by 1% and 1.1% respectively.
Daily trading guide for Nifty today
Unveiling of the intraday trading strategy for today’s trading session; Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said: “Thursday’s bullish move appears to have strengthened the bullish rebound, which started from the 16,782 lows. 17,400 to 17,600 levels on NSE Nifty short term negative market sentiment. Any drop near the resistance band could put the bears back into action. Immediate support for NSE Nifty is currently placed around 17,300 to 17,250 levels. “
Day trading stocks for today
On 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 of ShareIndia, Manoj Dalmia, Founder and Director of Proficient Equities Limited and Parth Nyati, Founder of Tradingo – have listed 9 stocks to buy today ‘ hui.
Daily actions of Sumeet Bagadia
1]Industrial bank: Buy from CMP, target ??975 to ??1000, stop loss ??899
2]First IDFC bank: Buy from CMP, target ??51, stop loss ??44
Ravi Singhal’s action of the day
3]Birlasoft: Buy on ??470, target ??515, stop loss ??455
Ravi Singh’s intraday actions for today
4]Wipro: Buy on ??645, target ??655, stop loss ??640
5]Maruti Suzuki India Ltd or MSIL: Buy on ??7320, target ??7450, stop loss ??7270
Manoj Dalmia shares to buy today
6]Texmo pipes: Buy on ??68, target ??75, stop loss ??64.50
7]Fluorinated products from Gujarat: Buy on ??2301, target ??2488, stop loss ??2238
Parth Nyati shares to buy today
8]CDSL: Buy from CMP, target ??1625, stop loss ??1499
9]ACE: Buy on ??218, target ??225, stop loss ??214.
Disclaimer: The opinions and recommendations expressed above are those of individual analysts or brokerage firms, not Mint.
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