Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 27
Live MintBuy or sell stocks for today: Despite sell off in global markets due to weak US economic data and rising bank crisis concerns, Indian stock market managed to extend its rally for fifth straight session on Wednesday. Intraday trading strategy for stock market today Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher believes that Nifty has closed above crucial 17,800 levels, which has further strengthened stock market sentiments. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today and those three day trading stocks are CSB Bank, TVS Motor and Hindustan Unilever Ltd. On outlook for Nifty today, Vaishali Parekh said, "Nifty maintained the 17700 zone during the session and finally closed above the important and crucial 17800 zone with a strong positive bias anticipating for further rise in the coming days. "With most of the frontline banking stocks like ICICI Bank, SBI, HDFC Bank and Kotak Bank well placed with bias maintained positive, we anticipate for the index to achieve the near-term targets of 43700-43800 levels in the coming days," Parekh said. Stocks to buy today As mentioned above, Vaishali Parekh has recommended three intraday stocks for today, here we list out full details in regard to those day trading stocks: 1] CSB Bank: Buy at ₹292, target ₹305, stop loss ₹287; 2] TVS Motor: Buy at ₹1125, target ₹1160, stop loss ₹1110; and 3] HUL: Buy at ₹2510, target ₹2585, stop loss ₹2470.