Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 26
Buy or sell stocks for today: After showing weakness in last four straight sessions, Indian stock market ended flat on Monday. Nifty 50 index ended marginaly higher at 19,674 levels, BSE Sensex finished 14 points higher at 66,023 mark whereas Bank Nifty index gained 154 points and closed at 44,766 levels.
In broad market, small-cap index went up 0.12 per cent whereas mid-cap index surged 0.46 per cent during Monday deals. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that Nifty today has crucial near term support placed at 19,600 to 19,550 levels.
Prabhudas Lilladher expert maintained that bounce back on Dalal Street can be expected till Nifty sustains above this crucial support zone. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today and those day trading stocks are Shriram Finance, TVS Motor and RailTel.
Also read: F&O Ban List: Canara Bank, Granules, 3 others placed under futures & options ban on NSE on Sept 26 On outlook for Nifty 50 index during Monday deals, Vaishali Parekh said, "Nifty maintained the support near 19,600 zone during the intraday session with volatility witnessed to recover to 19,730 levels and ending the day on a flat note. The index has got the crucial near-term support zone near 19,550 levels which is where the significant 50EMA lies and needs to be sustained." "Exciting news! Mint is now on WhatsApp Channels
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