10 Best Shares To Buy Or Sell Today As Recommended By VLA Ambala of SMT

The domestic market witnessed selling pressure in the second half and despite a gapup-opening, all key indices closed at lower points. Sensex opened the gap up with 289 and rose by 480 points to hit the intraday high of 65,913 and finally closed at minus 0.28% which is 65,252. The Nifty50 closed the day at 0.29% negative. however, the Smallcap index managed to gain 0.21 per cent in intraday

Day trading guide for stock market today

On the outlook for Nifty, VLA Ambala - SEBI RA, Stock Market Today said that the higher time Pattern is bearish and we are in a corrective move. So, we should be very watchful before marking any directional view. If trading in NIFTY index it's better to go with hedging. Some sectors are very bullish whereas others are still under pressure it is a mixed trend as of now.

We can see nifty to trade today in the 19635 to 19210 range.

On the outlook for Bank Nifty, VLA Ambala, SEBI registered Analyst at Stock Market Today (SMT) said pressure was seen in the Banking index too. Bank nifty major support for today will be at 44430,44250 and 44150 and resistances will be at 44720 & 44900.

Global Cues

On Friday 25 Aug. Fed meeting on interest rates and Markets anticipate clues on interest rate trajectory from Federal Reserve Chairman Jerome Powell. So, decisive will be seen in the market today, VLA Ambala remarked.

F&O Ban List

GMR Airports Infrastructure, RBL Bank, Manappuram Finance, India Cements, BHEL, Hindustan Copper, Metropolis Healthcare, GNFC, Indiabulls Housing Finance, Delta Corp and PNB are the 11 stocks that are a part of the F&O ban list by the stock exchange for Friday.

Day trading stocks for today

On intraday stocks for today, stock market experts - VLA Ambala (SEBI Registered Research Analyst)- recommended 10 best stocks to buy today.

TRIVENI

Buy TRIVENI at ₹310 with a stoploss of ₹220 at a target price of ₹318 to 325.

''In the short-term trend is getting ready for fresh high and risk is limited in it.

IRCTC

IRCTC looking good to buy above 660 and has a target expectation of 678 - 700 with a stop loss 640.

''Price is trading above its important EMAs".

SUNTV

Buy SunTV above 575 and keep targets expectations at 600 to 615 with stop loss at stoploss 540.

SunTv looking really strong on chart and it could deliver good gains in coming days too.

Aarti Industries

Buy Aarti Industries Bank at 460 range and keep targets expectation in between 472-480 with stop loss at 441.

Indiabulls Housing Finance

Buy Indiabulls Housing Finance Ltd above 159 with a stoploss of ₹147 and for targets of 164 to 175. The stock has witnessed buying near to its 20 EMA today.

Navin Fluorine International

Buy NAVINFLUOR above 4555 and hold it for 4600 to 4700 in the very short term. Keep stop loss in consideration with a stop loss of ₹4420.

RITES

RITES is trading in range and breakout possible. One can be in this trade at 468 for targets 480 to 490 support at its 20 days EMA and with strict Stop loss at 450. It's trying to build a bottom near its previous breakout area said VLA Ambala.

MCX

It is taking support at its 20 days EMA at the daily timeframe and now it's looking good to buy at 1588/90 for target 1620 to 1680 with stop loss at 1530.

Mphasis

Buy MPHASIS at 2460 and expect a target ranging from 2600 to 2780 with stop loss at 2210.

ACC

Buy ACC near 1990 and hold it for a target ranging from 2040 to 2400. Keep ACC stop loss at 1915.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.