These stocks to buy or sell today

02 Aug , 2021 By : Kanchan Joshi

Indian benchmark equity indices once again failed to hold on to intraday gains on July 30 on the back of weakness in markets elsewhere. The NSE Nifty last week lost 103 points or 0.65 per cent and closed at 15,763 levels while BSE Sensex lost 381 points last week and closed at 52,586 mark. However, mid-cap and small-cap stocks continue to attract bulls throughout last week as BSE mid-cap index ended 0.16 per cent higher while small-cap index surged 0.80 per cent in this period.

Trade view on Nifty today

Speaking on day trading guide for Monday; Deepak Jasani, Head of Retail Research at HDFC Securities said, "Nifty has repeatedly run into resistance in the 15,862 to 15,899 band over the past 6 sessions. It closed lower for the second consecutive week, though by a small per cent. However the lower shadows (area between the lows and close) are growing over the past three weeks, suggesting sharp recovery post higher selling pressure. How long such recoveries will continue is a moot point. Nifty could remain in the 15,578 to 15,899 band in this week."

Day trading stocks to buy today

On the basis of these facts and figures, stock market experts — Sumeeet Bagadia, Executive Director at Choice Broking; Jay Thakkar, VP & Head of Equity Research at Marwadi Shares and Finance and Sandeep Matta, Founder at TRADEIT Investment Advisors — recommended 8 shares to buy today.

Sumeeet Bagadia's stocks to buy today

1] L&T Finance Holdings or L&T FH: Buy at Rs88, target Rs92 to Rs94, stop loss Rs85

2] Cadila: Buy at Rs585, target Rs600 to Rs610, stop loss Rs571

Jay Thakkar's shares to buy today

3] JSW Steel: Buy at Rs737, target Rs775 to Rs785

4] PVR: Buy at Rs1399.50, target Rs1500 to Rs1575, stop loss Rs1310

5] LTI: Buy at Rs4700, target Rs4900, stop loss Rs4590

Sandeep Matta's trade views today

6] Vodafone Idea: Buy at Rs8.30, target Rs9.30 to Rs20, stop loss Rs7.00

7] Hero Motocorp: Buy above Rs2770, target Rs2860 to 2935, stop loss Rs2700

8] Symphony: Buy above Rs945, target Rs975 to Rs1030, stop loss Rs890.