These 9 stocks to buy or sell today

03 Dec , 2021 By : Kanchan Joshi

After showing a sustainable upside bounce on Wednesday, Indian stock market witnessed sharp follow-through upside move on Thursday session. NSE nifty shot up 234 points and closed at 17,401 levels whereas BSE Sensex surged 776 points and closed at 58,461 levels. Bank Nifty index added 143 points and closed at 36,508 mark. According to stock market experts, current market pattern displays strength of bulls in a down trend.

On a day when the volumes on the NSE were higher than the previous day but lower than recent average; power, oil & gas and IT indices surged the most. BSE small-cap and mid-cap indices rose 1 per cent and 1.1 per cent respectively.

Day trading guide for Nifty today

Unveiling intraday trading strategy for today's trade session; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, "Thursday's upside move seems to have strengthened the upside bounce, which started from the lows of 16,782. A decisive upside breakout of the hurdle of 17,400 to 17,600 levels on NSE Nifty could only change the short term negative sentiment of the market. Any turn down from near the resistance band could bring bears into action again. 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 at Choice Broking; Ravi Singhal, Vice Chairman at GCL Securities, Ravi Singh, Head of Research & Vice President at ShareIndia, Manoj Dalmia, Founder & Director at Proficient Equities Limited and Parth Nyati, Founder at Tradingo — listed out 9 stocks to buy today.

Sumeet Bagadia's day trading stocks

1] Indusind Bank: Buy at CMP, target Rs975 to Rs1000, stop loss Rs899

2] IDFC First Bank: Buy at CMP, target Rs51, stop loss Rs44

Ravi Singhal's stock of the day

3] Birlasoft: Buy at Rs470, target Rs515, stop loss Rs455

Ravi Singh's intraday stocks for today

4] Wipro: Buy at Rs645, target Rs655, stop loss Rs640

5] Maruti Suzuki India Ltd or MSIL: Buy at Rs7320, target Rs7450, stop loss Rs7270

Manoj Dalmia's shares to buy today

6] Texmo Pipes: Buy at Rs68, target Rs75, stop loss Rs64.50

7] Gujarat Fluorochemicals: Buy at Rs2301, target Rs2488, stop loss Rs2238

Parth Nyati's stocks to buy today