Buy or sell: Vaishali Parekh recommends three stocks to buy today — 14th July

livemint.com:

Buy or sell stocks for today: Following strong global cues from US stock market, Indian stock market finished higher on Thursday session. NSE Nifty ended 29 points higher at 19,413 while BSE Sensex gained 164 points and closed at 65,558 levels. Bank Nifty finished 25 points higher at 44,665 levels.

However, broad market witnessed heavy sell off as small-cap index corrected 0.54 per cent while mid-cap index lost 0.64 per cent on the previous session. Vaishali Parekh, Vice President — Research at Prabhudas Lilladher believes that overall trend on Dalal Street is still positive. Prabhudas Lilladher expert went on to add that Nifty today has strong support at 19,300 while it is facing resistance at 19,550 levels.

On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today and those three day trading stocks are Kaveri Seed Company Ltd (KSCL), Mahindra Holidays and Resorts India Ltd (MHRIL) and NATCO Pharma. On outlook for Nifty today, Vaishali Parekh said, "Nifty hit the All-Time High during the intraday session but thereafter witnessed heavy profit booking to slip down to touch the 19,400 zone with heavyweights shedding their gains. The strong trend still remains intact with the near-term support maintained near 19,300 levels as said earlier and a decisive breach above 19,550 zone need to be sustained for continuation of fresh upward move.