Despite the bullish momentum and growth positively for seven days straight the Indian Stock Market ended nearly on a flat note yesterday. BSE Sensex declined by 728.69 points and closed at 77,288.50 after early gains. NSE Nifty 50 also dropped 181.50 points and closed at 23,486.85. How will the market perform today? What are the stocks that can break out today? Let’s find out what experts are saying.
Stocks to Watch Today by Ankush Bajaj
According to Ankush Bajaj, Director of Alfa Fineducon Pvt Ltd, based on open interest data analysis, the maximum OI is seen at 23,600 on the call side an 23,400 on the pull side. So Nifty closing is likely to be around 23,510.
Here are some stock recommendations for today with entry price, selling price,e and stop loss.
Stocks to Buy Today by Ankush Bajaj
1. Solar Industries India Ltd: According to Ankush Bajaj Solar Industries can breakout today. Investors can purchase these shares at Rs10,980 and target to sell at Rs 11,375. Also, remember to keep a stop loss at Rs 10,725.
2. Pidilite Industries Ltd: The second recommendation for today is Pidilite Industries Ltd. You can purchase these shares at Rs 2845 and target to sell around Rs 2955 to Rs 2975. Make sure to keep a stop loss at Rs 2760.
3. RBL Bank: The last recommendation for today is RBL Bank. You can purchase these shares at Rs 179 and target to sell at Rs 188 to Rs 192. There should be a stop loss at Rs 173.80.
All the information provided above is for informational purposes only. Indiahood does not give advise on buying or selling. Investors are advised to consult with certified experts first before making any investment-related decision.
