Stocks to Buy Today: Coforge, Eicher Motors to Divi’s Lab — 7 Buy or Sell Stock Ideas by Experts for Intraday Trading
Introduction
Stock market analysts have recommended seven shares for today’s trading session. These include Divi’s Laboratories, Eicher Motors, Coforge, Tatva Chintan, GRSE, Capacite, and Zensar Tech.
Market Overview
The Indian stock market witnessed a positive trend on Thursday, influenced by strong global cues. The Nifty 50 index reached a new high of 22,619 and closed 80 points higher at 22,514. The BSE Sensex gained 350 points, ending at 74,227, while the Bank Nifty index concluded at 48,060 with a gain of 436 points. In the broader market, the small-cap index performed better than Nifty and Sensex, showing a 0.54% rise, while the mid-cap index ended negatively despite a favorable advance-decline ratio.
Expert Analysis
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, believes that the near-term uptrend of the Nifty 50 index remains intact, with potential upside towards 22,800 levels upon crossing 22,550-22,600 levels. Immediate support for Nifty today is at 22,300 levels.
Om Mehra, Technical Analyst at SAMCO Securities, notes that the Bank Nifty index has maintained higher highs and higher lows, breaking out of the symmetrical triangle pattern. It has immediate support at 47,600 and resistance at 48,500 levels.
Expert Recommendations
Sumeet Bagadia’s Stock Picks
- Divi’s Laboratories
- Buy at ₹3734.20, target ₹4015, stop loss ₹3610.
- Eicher Motors
- Buy at ₹4014.30, target ₹4270, stop loss ₹3880.
Shiju Koothupalakkal’s Stock Picks
- Tatva Chintan
- Buy at ₹1245, target ₹1310, stop loss ₹1220.
- GRSE
- Buy at ₹888, target ₹950, stop loss ₹855.
- Coforge
- Buy at ₹5819, target ₹6050, stop loss ₹5690.
Drumil Vithlani’s Stock Picks
- Capacite Infraprojects
- Buy at ₹290 to ₹291, target ₹305, stop loss ₹285.
- Zensar Technologies
- Buy at ₹627 to ₹628, target ₹650, stop loss ₹615.
The post Stocks to Buy Today-Coforge, Eicher Motors to Divi’s Lab — 7 Buy or Sell Stock Ideas appeared first on ASWGROUPINDIA.
