Intraday trading stocks for today: Raymond to LTFH — Anand Rathi expert recommends three shares to buy today

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Intraday trading stocks for today: Following the bull trend in the global market, the Indian stock market ended higher on Monday for the third straight session. Out of three frontline indices, the Nifty 50 and the BSE Sensex hit a new lifetime high that further cemented the bulls' control over the bears. However, the broad market outshined the key benchmark index as the small-cap index shot up nearly 3 percent and the mid-cap index gained to the tune of 1.64 percent.

Except for Auto and FMCG, all the sectors ended with decent gains. Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi believes that the Nifty 50 index has given a fresh breakout and the 50-stock index is all set to touch a near-term target of 22,800 to 22,900 levels. However, the Anand Rathi expert maintained that mid-cap stocks would continue to attract bulls' attention for the next two to three sessions.

He said that the Bank Nifty is also expected to maintain an uptrend and go up to 48,000 levels. On shares to buy today, Ganesh Dongre of Anand Rathi recommended three intraday stocks for today — Raymond, Shilpa Medicare, and L&TFH. On the outlook for the Indian stock market today, Ganesh Dongre of Anand Rathi said, "We have seen a fresh breakout and strength in the Nifty 50 index.

So, one can anticipate retesting the peak zone of 22,800 to 22,900 levels. The Nifty 50 stocks and mid-cap stocks are seen gaining in the last 2–3 days. On the Bank Nifty outlook, we can expect to see a 480,00 level in the upcoming days with the strong support of the 47,100 to 47,200 zone." 1] Shilpa Medicare: Buy at ₹495, target ₹540, stop loss ₹470.