Shares to buy or sell: Chandan Taparia recommends three stocks to buy today
Live MintIndian stock market indices, Sensex and Nifty 50, have been under heavy selling pressure, weighed down by escalating geopolitical tensions in the Middle East and the subsequent spike in crude oil prices, weak domestic corporate earnings, and persistent outflow of foreign funds from Indian equities. It formed a bearish candle on a daily frame and has been making lower lows from the last three sessions,” said Chandan Taparia, Head – Equity Derivatives and Technicals, Broking and Distribution, MOFSL. Chandan Taparia recommends three stocks to buy today, October 18. Here are three stocks to buy today: HCL Technologies | Buy | Target Price: ₹ 1,985 | Stop Loss: ₹ 1,815 HCL Technologies share price has broken out of the consolidation zone on the weekly chart which could take it to new life high territory. HPCL | Buy | Target Price: ₹ 460 | Stop Loss: ₹ 420 According to Taparia, HPCL share price has bounced from major support levels with higher than average buying volumes indicating a bullish sentiment.