15 Jul , 2021 By : Kanchan Joshi
The northward move with range bound action continued in the Indian stock market on Wednesday and the NSE Nifty closed the day higher by 41 points. According to the market experts, this action signals range bound action in the market with 'buy on dips' as day trading guide for Thursday at stock market today. The Nifty is nearing a crucial overhead resistance of 15,900 levels and made a swing high of 15,877 on Wednesday. As happened in the previous few occasions, the lack of strength at the highs is emerging in the market near the crucial overhead resistance.
Volumes on the NSE were in line with recent averages. Among sectors, IT and Capital Goods rose the most while Oil & Gas and Realty fell the most. BSE Mid-cap and small-cap indices ended 0.21 per cent and 0.24 per cent higher respectively.
Day trading stocks to buy today
On the basis of these facts and technicals, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Rohit Singre, Senior Technical Analyst at LKP Securities; Mudit Goel, Senior Research Analyst at SMC Global Securities and Sandep Matta, Founder at TRADEIT Investment Advisors — have recommended these 6 day trading shares to buy today.
Sumeet Bagadia's top stock picks
1] Cipla: Buy at Rs975, target Rs1000 to Rs1020, stop loss Rs955
2] ICICI Prudential: Buy at Rs630, target Rs645 to Rs650, stop loss Rs620
Mudit Goel's stock of the day
3] Axis Bank: Momentum buy at CMP, target Rs790, stop loss Rs760
Rohit Singre's day trading stock
4] LIC Housing Finance: Buy at Rs471, target RS478 to9 Rs483, stop loss below Rs465
Sandep Matta's recommended shares to buy today
5] Marine Electricals: Buy at CMP, target Rs65 to Rs68, stop loss Rs52
6] Infibeam Avenues: Buy at Rs49, target Rs55 to Rs60, stop loss Rs41.
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