Day Trading Guide For Tuesday: 7 Stocks To Buy Or Sell Today — 19th April | Mint – Mint

Sensex plunged 1,172 points while the Nifty crashed below the 17,200-level on Monday, hammered by robust selling in index heavyweights. The BSE Sensex tumbled 2% to settle at 57,166, marking its fourth straight session of loss, while the Nifty 50 plunged 302 points to 17,173.

Infosys and HDFC Bank were the top losers after their respective Q4 results came below expectations. The BSE smallcap gauge fell 1%, while the midcap index lost 0.95%. Nifty IT index fell the most as tech stocks dragged the stock market lower on Monday.

Day trading guide for stock market today

“The short term trend of Nifty is negative. The overall chart pattern indicate a possibility of upside bounce in the market from here or from near 17K mark. The confirmation of reversal pattern and the strength of upside bounce is likely to open a relief rally for the market,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

Stocks to buy or sell today as recommended by analysts –

Rahul Sharma – Research Head at Equity99

Genus Power: Buy Genus Power with target of 120 & stop loss 95

Poonawala Fincorp: Buy Poonawalla Fin with target of 360 & stop loss 320

Sumeet Bagadia, Executive Director at Choice Broking

HUL: Buy HUL, stop loss 2,125, target 2,225-2,250

BPCL: Sell BPCL, stop loss 380, target 360-355

Anuj Gupta, Vice President – Research at IIFL Securities

HDFC Bank: Buy HDFC BANK, stop loss 1,358, target 1,450

Tata Motors: Buy TATAMOTORS, stop loss 40, target 470

Rajesh Bhosale, Technical Analyst, Angel One Ltd

HDFC Life: Buy HDFCLIFE, stop loss 561, target 600

The views and recommendations made above are those of individual analysts or broking companies, and not of Mint.

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