Day trading guide for Wednesday: 6 stocks to buy or sell today — 22nd June

Day trading guide for Wednesday: After positive global markets, bottom fishing driven by cheaper valuations and short coverage at lower levels, the Indian stock market continues to climb for the second consecutive session. With the largest intraday gain since May 17, 2022, the Nifty 50 index rose 288 points and closed at 15,638 levels, while BSE Sensex finished 934 points higher at 52,532 points. The Nifty Bank index rose 506 points and closed at 33,191 levels.

A long bull candle has formed on the daily chart, according to stock market experts, and the Nifty appears to have confirmed a short-term bottom reversal at the swing low of 15183 levels. The formation pair of doji and high wave pattern at the lows of the last two sessions finally led to a decisive reversal on Tuesday. This is a positive indication.

Day Trading Guide for the Stock Market Today

Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said today of the day trading guide to Nifty: “Nifty is currently facing a critical overhead resistance around 15,700 to 15,800 levels (earlier swing lows, according to the concept of change in polarity). value area (evident from the long bear candle formation during the recent downward breakout), there is a possibility of weakness coming out of the hurdle, however any consolidation or minor weakness in the next few sessions at the resistance could indicate the possibility of sharp upsides breakout of 15,800 levels.”

Day trading stocks

Share Intraday Stocks For Today, Stock Market Experts – Rajesh Bhosale, Technical Analyst at Angel One; Mehul Kothari, AVP — Technical research with Anand Rathi; Anuj Gupta, Vice President — Research at IIFL Securities and Avinash Gorakshkar, Head of Research at Profitmart Securities — recommended 6 stocks to buy today.

Rajesh Bhosale’s Intraday Stocks For Today

1]HDFC Life: Buy Around 564, target 579, stop loss 554

2]ITC: Buy around 270, target 281, stop loss 264

Mehul Kothari’s Shares To Buy Today

3]Bajaj Finance: Buy Around 5550, target 5800, stop loss 5400

4 ]L&T: Buy around 1500, target 1600, stop loss 1450

Anuj Gupta’s Stock of the Day

5]Tata Motors: Buy from CMP, target 420, stop loss 377

Avinash Gorakshkar’s stock selection for Wednesday

6]DLF: Buy momentum from CMP, target 340, stop loss 302.

Disclaimer: The views and recommendations made above are those of individual analysts or brokerage firms, not Mint.

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