12 Oct , 2021 By : Kanchan Joshi
Carrying on from last Friday, Indian stock market rallied further on Monday trade session. NSE Nifty gained 50 points and closed at 17,945 levels while BSE Sensex went up 76 points and closed at 60,135 levels. The main gainers among Nifty were Tata Motors, ONGC, Coal India, NTPC, IOC, Reliance and Titan. In terms of sectors; media, realty, PSE, energy and auto gained the most. BSE mid-cap and small-cap indices rose about 0.5 percent each.
Trade view on Nifty
Speaking on day trading guide for today; Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities said, "Consolidation just below the life time highs indicates that the market is building strength before an eventual breakout to new life highs. We expect this consolidation to happen for a few more sessions before a breakout to the next upside targets of 18100 to 18200. Crucial supports for NSE Nifty to watch for weakness is at 17839. Immediate resistance for Nifty is now at 18042."
Day trading stocks to buy today
Unveiling intraday stocks for today, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mudit Goel, Senior Research Analyst at SMC Global Securities; Ravi Singhal, Vice Chairman at GCL Securities; Rohit Singre, Technical Research Analyst at LKP Securities; Dr Ravi Singh, Head of Research & Vice President at Share India and Sandeep Matta, Founder at TRADEIT Investment Advisors — recommended 9 intraday shares for today.
Sumeet Bagadia's intraday stocks for today
1] HDFC AMC: Momentum buy at CMP, target Rs3050, stop loss Rs2875
2] ITC: Buy at CMP, target Rs250, stop loss Rs231
Mudit Goel's stock of the day
3] L&T Finance Holdings: Buy at CMP, target Rs96, stop loss Rs89
Rohit Singre's stocks to buy today
4] HDFC Bank: Buy at Rs1635, target Rs1660 to Rs1684, stop loss Rs1611
5] Apl Apollo Tubes: Buy at CMP, target Rs900 to Rs915, stop loss velow Rs865
Ravi Singh's shares to buy today
6] Coal India Ltd: Buy at Rs196, target Rs202, stop loss Rs193
7] DLF: Buy at around Rs426, target Rs435, stop loss Rs420
Ravi Singhal's stock pick of the day
8] Zee Entertainment Enterprises Limited or ZEEL: Buy at Rs307, target Rs324, stop loss Rs303
Sandeep Matta's day trading stock
9] Finolex Cables: Buy around Rs502, target Rs535, stop loss Rs468.
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