Day Trading Guide: Best Shares To Buy Today As Recommended by VLA Ambala of SMT

I have kept asking that we are in a bullish trend and when you are investing a hefty amount in small and Mid-caps be little extra care and attention are required. Today Nifty Mid-Caps and Nifty Small Cap Plunged the most. Nifty 50 NSE major Indices touched its fresh High. Sentiment hasn't changed yet. Price is looking for a median point.

Pull Back as Reversal are two different things. A day before yesterday our Market rallied and touched its most desired figure at 20000 successfully. And yesterday we opened with a gap with a brand new "ALL TIME HIGH" and closed with a marginal point over the previous day's closing. Possibly it may trade for some time in this range to get an average point. We are still in an uptrend and profit booking is common nature of Price, then only others will get a chance to enter", said VLA Ambala, SEBI registered Analyst at Stock Market Today (SMT) on her outlook on major market trend and Index.

Shares To Buy

Nifty50 are trading above its range breakout levels. Nifty could trade in the 19735 to 20060 range on Wednesday 13th September 2023". However, Bank Nifty major resistance for Wednesday 13th Sep should be 45585 and 45850. Major support will be at 45150 and 44950" remarked VLA Ambala on key levels for Nifty and Bank Nifty for today.

Swing and Day trading stocks for today by VLA Ambala-

On intraday and swing stocks for today, stock market experts - VLA Ambala (SEBI Registered Research Analyst)- recommended 6 stocks to buy today for Intraday and swing trading on Wednesday.

Sarveshwar Foods

SARVESHWAR looks good to buy above 150 (range) and has a target expectation of 170 to 220 with a stop loss of 120.

Wipro

Buy WIPRO near the 415 to 430 range and hold it for a target ranging from 430 to 550. Keep WIPRO stop loss at 400.

Bajaj Healthcare

Buy BAJAJHCARE in the range of 350 to 365 and hold it for 390 to 445 in very short term. Keep stop loss in consideration at with a stop loss of 330.

IdeaForge Technology

Buy IDEAFORGE at or above 1055 and expect a target ranging from 1120 to 1450 with a stop loss at 930.

Roto Pumps

Buy ROTO near the 355 to 360 Range and hold it for targets ranging from 400 to 550. Keep ROTO stop loss at 310.

Rites

RITES looking good buy in the 475 to 500 range and have a target expectation of 535 to 650 with a stop loss of 440. ''Price is trading above its important EMAs".

Sunteck Realty

SUNTECK looking good buy in the 365 to 365 range and have a target expectation of 390 to 650 with a stop loss of 325. ''Price is trading above its important EMA which could act as a major support point for this.

"All of the recommendations are being provided here based on the price overall movement, previous behaviour and technical analysis"- said VLA Ambala (SEBI Regd. RA).

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.

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