Stocks To Buy Today: 5 Intraday Stock Picks By VLA Ambala On 24th Nov

Our honourable Finance Minister has expressed her concern about the recession in the market in the coming days. As of now, the market is in pause mode. The 19900 to 19500 levels will be slow range and next comparatively fast and wide range movement is expected after this range only. The benchmark indices Nifty and Sensex are currently experiencing a narrow trading range, indicating a potential pullback.

Both indices are hovering around 1% above their 20-day Exponential Moving Average (EMA), and there is an expectation for this gap to be filled in the upcoming days. Analyzing the overall price movement, Nifty's support is likely to be observed at 19730 and 19650, with significant resistance levels at 19880 and 19950. For Nifty Bank, key support is anticipated around 43330 and 43050, while crucial resistance points are projected at 43800 and 43970 for the upcoming session. This analysis is provided by V.L.A. Ambala, a SEBI Registered Research Analyst, in the Stock Market Today (SMT) report.

Stocks To Buy Today

On Friday, November 24, VLA Ambala, a SEBI Registered Research Analyst, presented recommendations for five stocks for intraday and swing trading.

Kellton Tech Solutions

Buy Kelltontec at the 88 to 90 range and hold for a mid-term target ranging from 100 to 138, with a stop loss at 74.

Rites

Buy RITES at the 460 to 475 range and hold for a mid-term target ranging from 590 to 650, with a stop loss at 415.

Anupam Rasayan India

Buy Anuras at 920 to 940 and hold for a mid-term target ranging from 1020 to 1250, with a stop loss at 820.

Yes Bank

Buy Yes Bank at 19/20 and hold for a mid-term target ranging from 23 to 30, with a stop loss at 16.20.

Country Club Hospitality & Holidays

Buy CCHHL at the 9.50 to 10 range and hold for a mid-term target ranging from 12.40 to 18, with a stop loss at 7.60.

"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.