Buy or sell: Vaishali Parekh recommends three stocks to buy today — February 13

livemint.com:

Buy or sell stocks for today: Following a sharp sell-off in PSU stocks, the Indian stock market gave up early morning gains and ended lower on Monday. The Nifty 50 index lost 166 points and closed at a 21,616 level, the BSE Sensex nosedived 523 points and finished at the 71,072 mark while the Bank Nifty index crashed 752 points and ended at 44,882 level.

In the broad market, the small-cap index crashed 3.16 percent whereas the mid-cap index tanked 2.62 percent. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that the Nifty 50 index once again failed to breach the hurdle placed at 21,800 and ended close to the 21,600 level.

The Prabhudas Lilladher expert went on to add that the Indian stock market mood tuned cautions after the intensive sell-off on Monday. Vaishali maintained that immediate support for the 50-stock index is now placed at the 21,500 mark while the crucial support for Nifty today is now placed at the 21,300 level.

Also Read: Small investors bump up stake in NSE on hopes of listing On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today — Coforge, Metropolis Healthcare, and Indo Count Industries. On the outlook for the Nifty 50 index, Vaishali Parekh said, "Nifty opened near the 21,800 zone and once again found resistance, witnessed heavy profit booking, and slipped down as the day progressed to end near the 21,600 levels with bias and sentiment turning into cautious mode.