Last Friday Indian Stock Market closed in dip for the third day. The Nifty 50 index closed 0.18% lower than the previous day. BSE Sensex index also closed 0.25% lower ar 77860.19 Points. What are the good stocks to buy or sell today? Let’s check the Expert’s recommendation.
Stocks to Buy Today by Vaishali Parekh
Vice President of Technical Research at Prabhudas Liladher, Vaishali Parekh has expressed her views. According to her after the announcement of the Reserve Bank of India’s new monetary policy, the Nifty 50 Index was highly volatile. RBI has lowered bank interests by 25 basis points. She estimated Nifty 50 support will be at 23,400 with a resistance at 23,800 and the Bank nifty will move towards 49,700 – 50,900.
Vaishali Parekh Said, ‘The Nifty 50 index needs to break 23,800 zone to get a fresh upward momentum. The expected target will be at 24,100 and 24600 in the coming days. Where 23,000 is a crucial support zone’. Thinking about which stocks to buy today for a good trade? Here’s a recommendation by Vaishali Parekh. Three stocks you can pick with their potential targets.
Stocks by Vaishali Parekh
1. United Spirits Ltd (UNITDSPR): You can buy this stock at Rs 1423 with a target of Rs 1460. Also, keep a stop loss at Rs 1390.
2. PB Fintech Ltd (POLICYBZR): Policy Bazaar Fintech Ltd is also on the recommendation list today. You can enter at R 1724 and hope for a target of Rs 1900. Remember to put a stop loss at Rs 1560.
3. Torrent Power Ltd (TORNTPOWER): Vaishali Parekh’s third stock recommendation is Torrent Power shares. You can buy these shares at R 1450 with a target of Rs 1500. Do keep a stop loss at Rs 1350.
These were the buy-sell recommendations by Vaishali Parekh You can look at them. Do keep in mind that the recommendations given in this article are from individual analysts. Investors need to check with certified experts before making any investment.