These stocks to buy or sell today

14 Jul , 2021 By : Kanchan Joshi

India's equity benchmark indices on Tuesday broke a three session losing streak following positive Asian cues. After showing higher level intraday weakness on Monday, Nifty witnessed sustainable upside bounce on Tuesday and closed the day higher by 119 points. According to stock market experts, the negative implication of sell on intraday rise of Monday was nullified and NSE Nifty was able to breach the crucial intraday resistance of 15,800 on the upside. This is positive indication and signal more upside in the short-term, say experts while talking about the day trading guide for Indian stock market's traders and investors.

Volumes on the NSE on Tuesday were in line with recent averages which are on the lower side. Among sectors — Banks, Metals and Oil & Gas gained the most while IT and FMCG lost the most. The S&P BSE Mid-cap was little changed while the S&P BSE Small-cap advanced 0.46 per cent.

Day trading guide for Indian stock market

As the SGX Nifty today is trading with an upside gap 82.55 points or 0.53 per cent at 15,794.50 levels, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mudit Goel, Senior Research Analyst at SMC Global Securities, Rohit Singre, Senior Technical Analyst at LKP Securities and Sandeep Matta, Founder at TRADEIT Investment Advisors — have recommended the following shares to buy today when the market opens on Wednesday.

Sumeet Bagadia's day trading guide for Wednesday

1] ONGC: Buy at Rs120, target Rs124 to Rs126, stop loss Rs118

2] Indiabulls Housing Finance: Buy at Rs279, target Rs290 to Rs300, stop loss Rs270

Mudit Goel's stock market tip

3] HDFC Life: Momentum buy at CMP, target Rs710, stop loss Rs685

Rohit Singre's recommended stocks to buy today

4] Greaves Cotton: BTST buy at CMP Rs174, target Rs178 to Rs181, stop loss below Rs170

5] Bodal Chemicals: Momentum buy at CMP, target Rs127 to Rs135, stop loss below Rs107

Sandeep Matta's suggested shares to buy today

6] Britannia Industries: Buy at Rs3470, target Rs3550 to Rs3600, stop loss Rs3350

7] BHEL: Buy at Rs66.50, target Rs70 to Rs74, stop loss Rs61

8] Tata Motors: Buy at Rs311, target Rs330 to Rs345, stop loss Rs290.