Day trading guide for today: Six stocks to buy or sell today — 11th September

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Day trading guide for today: Despite weak global sentiments, Dalal Street finished higher for six days in a row on Friday. NSE Nifty gained 92 points and closed at 19,819 levels, registering best week in the last two months. BSE Sensex finished 33 points higher at 66,598 mark whereas Bank Nifty index ended 278 points up at 45,156 levels.

In broad market, small-cap index went up 0.43 per cent whereas mid-cap index shot up 0.92 per cent. "Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels. Despite mixed global cues, index bounced back to seven week high and is just 172 points away from its life highs.

Broader market too ended in green with Midcap100/Smallcap100 up 1%/0.6%. Financials, Realty and energy stocks led the gains in the market. Banking stocks saw renewed interest after RBI announced removal of incremental CRR in phased manner by October 7.

Niche sectors like power, defence and shipping continue to garner interest. Railway stocks were in momentum following media reports of potential deal to connect Gulf and Arab countries via railways," said Siddhartha Khemka, Head - Retail Research at Motilal Oswal. On outlook for Nifty today, Nagaraj Shetti, Technical Research Analyst, HDFC Securities said, "The short term trend of Nifty continues to be positive.

We expect Nifty to move into new all time highs beyond 20K mark in coming week. The potential upside target of larger triangle upside breakout comes around 20,100 to 20,200 levels for the near term. Immediate support is placed at 19,650 levels." On outlook for bank Nifty today, Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities said, "Bank Nifty closed 278 points higher at 45,156.