Shares to buy or sell: Chandan Taparia recommends three stocks to buy today
Live MintThe Indian stock market traded lower on Friday, with both the benchmark indices Sensex and Nifty 50 falling over half a percent each, dragged by profit booking after a sharp rally in the previous session. Stocks to buy or sell Muthoot Finance | Buy | Target Price: ₹ 2,380 | Stop Loss: ₹ 2,195 Muthoot Finance stock has broken out of a consolidation zone at ATH levels with a surge in buying volumes visible on the daily chart. Ultratech Cement | Buy | Target Price: ₹ 12,450 | Stop Loss: ₹ 11,480 Ultratech Cement share price has retraced upward from its 100 DEMA support zones after forming a bullish engulfing pattern on the daily chart. Taparia recommends buying Ultratech Cement shares for a target of ₹12,450 per share, keeping stop loss at ₹11,480. M&M | Buy | Target Price: ₹ 3,365 | Stop Loss: ₹ 3,130 Mahindra & Mahindra stock price has broken out of an ascending triangle on the daily chart with a large bodied bullish candlestick.