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3 Intraday Stocks To Buy or Sell Today On 22 September 2022

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Indian markets are moving to the upside; however, in the recent trading session, the markets have also seen a little downside, which shows the market is currently volatile. According to the direction of the volatility, a trader can make good profits from the markets.

 
3 Intraday Stocks To Buy or Sell Today On 22 September 2022

So, here is a list of stocks for intraday trading on 22 September 2022 from different sectors of Indian markets.

Divis Laboratories Ltd

Divis Laboratories Ltd

As per the chart, the overall trend of the stock is a downtrend in the larger time frame and in the smaller time frame, the stock price has been soaring in recent trading sessions. The stock price is near its major support, and as per the momentum, the price is expected to break the support and fall. Here is the position of the indicators on the 15-minute time frame of a chart -


• The stock price is below the 50 and 200 moving averages, and currently, the price is very near to the 200 moving average; however, the stock currently doesn't have the momentum to break it.

• Currently, RSI is at 34, pointing towards a downtrend, as it constantly trades below 40 levels and moves to the downside.

• The stock price is making an inverted cup and handles a bearish pattern.


So keeping the above factors in reference, traders should watch out for Divis Laboratories, as it can be a good sell for intraday traders in todays and upcoming trading sessions.

Godrej Consumer Products Ltd.
 

Godrej Consumer Products Ltd.

The chart of the stock shows it is in a strong upside momentum in a daily time frame, and as per the smaller time frame, the stock has shown a good trend reversal with considerable volume, so the momentum of the price is bullish. Here is the position of indicators on the chart for 15 minutes time frame -


• The stock price is just at the 50 and 200 moving averages; however, the price closing is just below the 200 moving averages.

• The price is making a cup and handle, and a pennant pattern and both patterns are bullish.

• Currently, the RSI is at 55 levels, so the position of the RSI is also good, and it is moving to the upside.


According to the technical analysis, Godrej Consumer Products will be a good stock to watch for buying opportunities in today's trading session.

Tata Chemicals Ltd

Tata Chemicals Ltd

On the daily time frame, the stock is on a clear uptrend, and in previous trading sessions, the stock has shown robust moves to the upside; however, currently, the price seems to be in a corrective phase. Here are the positions of technical indicators on the 15-minute time frame -

• The stock price is below the 50 and 200 moving averages, and the price is going down by retesting the 200 moving average after the breakout to the downside, which is a bearish sign.

• The stock price is making a small head and shoulder pattern, a bearish pattern.

• Currently, the RSI is at 38, and it is showing pointing toward a downtrend as the RSI is not going to the upside.

Tata Chemicals overall is in a bullish trend on a larger time frame; however, it is in a correction phase, so it can give a good opportunity for the intraday traders to sell.

Read more about: intraday stocks to buy
Story first published: Thursday, September 22, 2022, 6:00 [IST]
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