22 Jul , 2021 By : Kanchan Joshi
After the US markets showing some signs of recovery on Wednesday and SGX Nifty edging above its previous day's close, Indian indices are expected to open with some upside gap when the market opens after the stock market holiday on yesterday. However, as day trading guide, one should keep in mind that on Tuesday, the NSE Nifty went down around 120 points and closed at 15,632 levels while the BSE Sensex tumbled around 355 points and closed at 52,198 levels. 40 out of 50 NSE Nifty stocks closed in the red zone on Tuesday.
On day trading guide for Thursday’s stock market; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, "The next lower levels (of Nifty) to be watched around 15,500 to 15,450 levels in the next few sessions. Any upside bounce from here could encounter resistance around 15,700."
Day trading guide by stock market experts
So, on the basis of these facts and figures and Wednesday movement at Wall Street and other global markets, Indian stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mudit Goel, Senior Research Analyst at SMC Global Securities, Sandeep Matta, Founder at TRADEIT Investment Advisors and Kapil Goenka, Director at C M Goenka Stock Brokers — recommended the following 6 shares to buy today.
Sumeet Bagadia's day trading stocks to buy today
1] Hindustan Unilever Ltd. or HUL: Buy at Rs2430, target Rs2500 to 2550, stop loss Rs2400
2] Hindustan Petroleum Corporation Limited or HPCL: Buy at Rs276, target Rs285 to 290, stop loss Rs271
Mudit Goel's stock of the day
3] Tata Consultancy Services or TCS: Buy at CMP, target Rs3260, stop loss Rs3185
Sandeep Matta's shares to buy today
4] L&T Finance Holdings or L&T FH: Buy above Rs88, target Rs94 to Rs98, stop loss Rs82
5] Bank of Baroda: Buy above Rs79, target Rs85 to Rs88, stop loss Rs72
Kapil Goenka's stock to buy
6] Havells India: Buy at Rs1100, target Rs1190, stop loss Rs1040.
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