Day Trading Guide: Stocks To Buy Today As Recommended By VLA Ambala of SMT

We should be ready the pull back now. Crude and dollar prices are rising so fast. High Inflation is the biggest problem as of now. Almost all major economies are struggling with it. G20 has boosted the positive sentiment about Indian Markets but recent Canadian and Indian diplomate events could disturb market sentiments for a very short period. Bazar is in a Bullish movement and pullback is a common nature of the markets.

Nifty and Sensex both have chased their new ATH this month. Bank Nifty and Finance sector is gearing up for this but now Pull Back is expected in both. Dips are being bought and pull back are being enchased a golden opportunity. Sad for those who are waiting for a big correction like 15 to 20% but not getting it. Always do a SWOT analysis in the Market and go with the flow if you don't want to miss said VLA Ambala, SEBI registered Analyst at Stock Market Today (SMT) in her outlook on major market trends and Index.

Amid the Mixed cues major index closed in red on Monday. However Nifty PSU Bank, Nifty Energy, Nifty Auto and Nifty Consumption Supported the Market on Monday. On very good closing in Intraday. Nifty Metal, Nifty IT, Nifty Pvt Bank and NIFTY PHARMA are looking bearish today.

Midcap and smallcap indices witnessed the Pressure and Nifty Midcap 150 and Nifty Midcap 100 are carrying bearish sentiment today.

At NSE, Nifty5o was down by 0.3 per cent, closing at the 20,133.3 level, while the S&P BSE Sensex slipped by 0.4 per cent to stellated the day at 67,596.8 level Intraday on Monday. All the broader market indices also ended the day on a weaker note. A small Pull back is expected now. Just pull back not reversal.

Nifty50 is trading below its range breakout levels and it has formed an "Evening Star Candlestick Chart Pattern" At a daily time frame. Its 20 Days Ema is around 1.65% away from the current Price. So, pull back is possible. Nifty could trade in the 19930 to 20200 range on Wednesday 20th September 2023. However, Bank Nifty major resistance for today as on Wednesday 20th Sep should be 46250 and 46300. Major support will be 45800,45600 and 45300," remarked VLA Ambala on key levels for Nifty and Bank Nifty for today.

Swing and Day trading stocks for today by VLA Ambala

On intraday and swing stocks for today, stock market experts - VLA Ambala (SEBI Registered Research Analyst)- recommended the below stocks to buy today for Intraday and swing trading. 8 trending stocks for Thursday. Stocks to buy for Intraday and Swing Trading by VLA Ambala - (SEBI RA, Stock Market Today)

Hemisphere Properties India

HEMIPROP looks good to buy above 127 (range) and has a target expectation of 150 to 185 with a stop loss of 110.

SFL

Buy SFL near the 1150 range and hold it for target ranging from 1230 to 1280. Keep PNB stop loss at 1085.

Vodafone Idea

IDEA looking good buy in 10.50 to 11 range and have target expectation 13 to 20 with stop loss at 8.40. ''Price is trading above its important EMA which could act as major support point for this

Satia Industries

Buy SATIA in range of 130 to 140 and hold it for 152 to 190 in very short term. Keep stop loss in consideration with a stoploss of 125.

Gati

GATI looking good buy in 155 to 165 range and have target expectation 195 to350 with a stop loss 140. ''Price is trading above its important EMA which could act as a major support point for this.

Indus Towers

INDUSTOWER looking good buy in 172 to 184 range and has a target expectation 195 to 250 with a stop loss 150. ''Price is trading above its important EMA which could act as major support point for this.

Ramco Systems

Buy RAMCOSYS near 310 to 328 range and hold it for a target ranging from 380 to 550. Keep RAMCOSYS stop loss at 243.

ideaForge Technology

Buy IDEAFORGE at or above 1035 and expect a target ranging from 1100 to 1450 with a stop loss at 920.

"All of the recommendations are being provided here based on the price overall movement, previous behaviour and technical analysis"- said VLA Ambala (SEBI Regd. RA).

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.