Day trading guide for Thursday: 5 stocks to buy or sell today — 17th March
Live MintDay trading guide for Thursday: Following strong global cues, Indian stock market bounced back on Wednesday after news of subsiding geopolitical tension and new hopes of stimulus in China. Day trading guide for stock market today Unveiling intraday trading tips for Nifty today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, "Having placed at the edge of 17,000 mark, the stage is set for the Nifty to witness an excellent upside breakout of 17000 to 17050 levels in the short term. Asking traders to know their levels in regard to Nifty and Bank Nifty index; Sumeet Bagadia, Executive Director at Choice Broking said, "Traders can keep broader range of Nifty today in between 16,600 to 17,250 whereas high risk traders can assume short range of Nifty in between 16,800 to 17,100 levels. Day trading stocks Sharing intraday stocks for today's session, stock market experts — Sumeet Bagadia of Choice Broking; Anuj Gupta, Vice President at IIFL Securities and Avinash Gorakshkar, Head of Research at Profitmart Securities — recommended 5 stocks to buy today. Sumeet Bagadia's day trading stocks to buy 1] UltraTech Cement: Buy at CMP, target ₹6500 to ₹6600, stop loss ₹6150 2] Grasim Industries: Buy at CMP, target ₹1630 to ₹1650, stop loss ₹1570 Anuj Gupta's intraday stocks for today 3] State Bank of India or SBI: Momentum buy at CMP, target ₹525, stop loss ₹474 4] Indian Oil Corporation Ltd or IOC: Buy at CMP, target ₹130, stop loss ₹114 Avinash Gorakshkar's stock of the day 5] HDFC Ltd: Buy at CMP, target ₹2355, stop loss ₹2260.