Stocks to buy or sell today: LIC Housing, CDSL among top 5 trading ideas for 1 November

economictimes.indiatimes.com:

India VIX was up by 2.92% from 11.49 to 11.82 levels on Tuesday. Volatility has been on the rise from the last two sessions which has made the upside capped for the indices.

On the weekly options front, the maximum Call OI is placed at 19200 and then towards 19500 strikes while the maximum Put OI is placed at 19000 and then towards 19100 strikes.

Call writing is seen at 19200 and then towards 19250 strikes while Put writing is seen at 19100 and then towards 19050 strikes.

“Options data suggests a broader trading range in between 18500 to 19600 zones while an immediate trading range in between 18850 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

“Nifty has formed a Bearish candle on the daily frame on Tuesday but has been forming higher highs — higher lows from the last three sessions,” he said.

“Now the Nifty index has held above 19050 zones, for an up move towards 19250 then 19350 zones whereas supports are placed at 19000 then 18888 zones,” recommended Taparia.

We have collated a list of stocks from various experts for traders who have a short-term trading horizon:

Expert: Nagaraj Shetti, Technical Research Analyst, HDFC Securities Ltd told ETBureau
Mangalam Cement: Buy| Target Rs 425| Stop Loss Rs 380

Tube Investments of India: Buy| Target Rs 3300| Stop Loss Rs 3050

Expert: Nooresh Merani, an independent technical analyst told ETNow
LIC Housing: Buy| Target Rs 490| Stop Loss Rs 450

CDSL: Buy| Target Rs 1700| Stop Loss Rs 1390

Satin Creditcare: Buy| Target Rs 270| Stop Loss Rs 230

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(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not