Monday, March 27, 2023
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Day Trading Guide for Friday

After showing pullback from Wednesday’s highs, the Indian stock market continued to rise in the Thursday session. The NSE Nifty finished 121 points higher at 17,536 points, the BSE Sensex finished 454 points higher at 58,795 points, and the Bank Nifty index finished 77 points down at 37,364 points. This pattern, according to stock market gurus, indicates a bullish rebound from the lows.

Real estate, oil & gas, telecom, and healthcare indices increased the most on a day when volumes on the BSE were somewhat below the recent average, while capital goods and auto indices sank the most. The mid-cap and small-cap indices each increased by 0.69 and 0.87 percent.

NSE Nifty: Day trading guide

Nagaraj Shetti, Technical Research Analyst at HDFC Securities, revealed the intraday trading plan for the Friday session “The bulls may be able to make a comeback thanks to Thursday’s upside bounce. In the short term, the next two major resistances on the NSE Nifty are around 17,600 and 17,800. On the other hand, on any declines, lower levels of buying are likely.”

Day trading stocks today

Sumeet Bagadia, Executive Director at Choice Broking; Rohit Singre, Senior Technical Analyst at LKP Securities; Parth Nyati, Founder, Tradingo; Ravi Singhal, Vice Chairman at GCL Securities; and Ravi Singh, Head of Research & Vice President at ShareIndia — all recommended day trading stocks to buy today.

Sumeet Bagadia’s day trading stocks to buy today

  • HDFC Bank: Buy at CMP, target 1575, stop loss 1500
  • Aster DM Healthcare: Buy at CMP, target 218 to 222, stop loss 198

Ravi Singhal’s stock of the day

  • Vodafone Idea: Buy at 11.60, target 13, stop loss 11

Ravi Singh’s day trading stocks for Friday

  • GAIL (India) Limited: Buy at 140, target 148, stop loss 136
  • Infosys: Buy at 1720, target 1760, stop loss 1700

Parth Nyati’s intraday stocks for today

  • Suprajit Engineering: Buy at CMP, target 485, stop loss 444
  • Chambal Fertilisers & Chemicals Limited: Buy at 400, target 411, stop loss 394

Rohit Singre’s stock to buy today

  • Grasim Industries: Buy above 1755, target 1800 to 1850, stop loss 1715.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of The Shining Media.

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