Buy or Sell: Vaishali Parekh recommends 2 stocks to buy today – March 10

Buy or sell shares for today: Dalal Street took a break after rallying for three consecutive sessions on weak global cues. The Nifty 50 index ended 164 points lower at 17,589, while the 30-stock Sensex ended 541 points lower at 59,806. The Nifty Bank index closed at 41,256, down 320 points or 0.77 per cent. In the broad market, the Smallcap index lost 0.20 percent while the Midcap index lost 0.55 percent. The advance fall ratio ended at 0.72:1.

Buy or sell shares for today: Dalal Street took a break after rallying for three consecutive sessions on weak global cues. The Nifty 50 index ended 164 points lower at 17,589, while the 30-stock Sensex ended 541 points lower at 59,806. The Nifty Bank index closed at 41,256, down 320 points or 0.77 per cent. In the broad market, the Smallcap index lost 0.20 percent while the Midcap index lost 0.55 percent. The advance fall ratio ended at 0.72:1.

intraday trading strategy for stock market today

Vaishali Parekh, vice president-technical research at Prabhudas Lilladher, believes that the sentiment on Dalal Street has weakened once again. However, expert Prabhudas Lilladher said that the Nifty has strong support near 17,550 to 17,500 levels. When asked about stocks to buy today, Vaishali Parekh recommends three intraday stocks for today and those three stocks are SBI Cards and Kaveri Seeds.

intraday trading strategy for stock market today

Vaishali Parekh, vice president-technical research at Prabhudas Lilladher, believes that the sentiment on Dalal Street has weakened once again. However, expert Prabhudas Lilladher said that the Nifty has strong support near 17,550 to 17,500 levels. When asked about stocks to buy today, Vaishali Parekh recommends three intraday stocks for today and those three stocks are SBI Cards and Kaveri Seeds.

On today’s outlook for Nifty, Vaishali Parekh said, “Nifty once again witnessed heavy profit-booking while taking resistance near 17,750 and recorded a substantial decline and ended with a weak close once again near the lower end of 17,600 zone.” On the downside, the major support area is near 17,500. Upto 17,550 level, which needs to be sustained, else selling pressure may increase with the next major support near 17,200 level.

On today’s outlook for Nifty, Vaishali Parekh said, “Nifty once again witnessed heavy profit-booking while taking resistance near 17,750 and recorded a substantial decline and ended with a weak close once again near the lower end of 17,600 zone.” On the downside, the major support area is near 17,500. Upto 17,550 level, which needs to be sustained, else selling pressure may increase with the next major support near 17,200 level.

Parekh further added that Bank Nifty has also turned a bit cautious once again with profit booking and slipping towards 41,200 level since last three sessions with resistance near 41,700 zone.

Parekh further added that Bank Nifty has also turned a bit cautious once again with profit booking and slipping towards 41,200 level since last three sessions with resistance near 41,700 zone.

“Near term support for Nifty Bank is placed around 40,800 levels, which if broken could weaken bias with next major support seen near 39,700-39,800 zone. For the day Support is seen at 17,550 while resistance is seen at 17,750. The daily range for the Nifty will be in the 40,800-41,700 levels, said Bank Parekh.

“Near term support for Nifty Bank is placed around 40,800 levels, which if broken could weaken bias with next major support seen near 39,700-39,800 zone. For the day Support is seen at 17,550 while resistance is seen at 17,750. The daily range for the Nifty will be in the 40,800-41,700 levels, said Bank Parekh.

day trading stocks to buy today

As mentioned above, Vaishali Parekh has recommended two intraday stocks for today, here we list the complete details regarding those stocks:

day trading stocks to buy today

As mentioned above, Vaishali Parekh has recommended two intraday stocks for today, here we list the complete details regarding those stocks:

1]SBI Card: buy on 767, target 795 stop loss 755; And

1]SBI Card: buy on 767, target 795 stop loss 755; And

2]Kaveri Seeds: buy on 565, target 587 stop loss 556.

2]Kaveri Seeds: buy on 565, target 587 stop loss 556.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before taking any Investment Decision.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before taking any Investment Decision.

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