Investing Essentials

These 9 stocks to buy or sell today

04 Oct , 2021   By : Kanchan Joshi

These 9 stocks to buy or sell today

Indian stock market fell on last Friday for the fourth consecutive session in the backdrop of weak global cues. NSE Nifty closed 86 points lower at 17,532 levels while BSE Sensex shed 360 points and closed at 58,765 levels. Bank Nifty dipped 199 points and closed at 37,225 levels. Nifty fell over the week by 1.8 per cent, after five weeks of gains. On a weekly basis; PSU banks, metals, pharma and auto indices rose the most, while IT, FMCG and bank indices fell the most.

Day trading guide: Trade view on NSE Nifty

Unveiling day trading strategy for Monday; Deepak Jasani, Head of Retail Research at HDFC Securities said, "On daily charts, the Nifty has formed a doji like pattern after a downside gap suggesting a possible halt to the fall temporarily. 17,355 to 17,452 could be an important support for the Nifty while 17,620 could act as a resistance. 17,792 on the upside seems difficult to breach in the near term."

Day trading stocks to buy today

Speaking on day trading stocks to buy on Monday, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Dr Ravi Singh, Head of Research & Vice President, Share India, Sandeep Matta, Founder at TRADEIT Investment Advisors; Kapil Goenka, Founder at Eternity Financial Services and Manoj Dalmia, Director & Founder, Proficient Equities Private Limited — recommended 9 shares to buy today.

Sumeet Bagadia's intraday stocks for today

1] Colgate-Palmolive: Buy at CMP, target Rs1725 to Rs1740, stop loss Rs1650

2] Mahindra & Mahindra or M&M: Buy at CMP, target Rs850 to 875, stop loss Rs800

Ravi Singh's stocks to buy today

3] Bank of India: Buy at Rs56, target Rs65, stop loss Rs54

4] Cadila Healthcare: buy at Rs556, target Rs570, stop loss Rs551

5] Bharat Heavy Electricals Limited or BHEL: Buy at Rs65, target Rs72, stop loss Rs63

Sandeep Matta's shares to buy today

6] Gujarat Gas: Buy at Rs615, target Rs640 Rs665, stop loss Rs590

7] Vedanta: Buy at Rs286, target Rs294 to Rs304, stop loss Rs275

Manoj Dalmia's stock of the day

8] Titagarh Wagons: Buy at Rs107, target Rs122, stop loss Rs100.50

Kapil Goenka's stock pick for Monday

9] KPI Global Infrastructure: Buy at Rs128, target Rs140, stop loss Rs118.

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