April 25, 2024

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stocks to buy: Stocks to buy or sell today: 6 short-term trading ideas by experts for 28 October 2022

stocks to buy: Stocks to buy or sell today: 6 short-term trading ideas by experts for 28 October 2022

The Indian market opened higher on Friday, led by gains in banking, financial and auto stocks. S&P BSE Sensex was up over 200 points in early trade while Nifty 50 was above the 17,800 level.

Sectorally, buying was seen in banking, financial services, oil & gas, auto, media and FMCG stocks.

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


Expert: Pritesh Mehta, Lead Technical Analyst – Institutional Equities, Yes Securities told ETBureau

: Buy | Target Rs 512 | Stop Loss Rs 448

After consolidating for the last two weeks, the stock has staged a range breakout above September peak.

Granules: Buy | Target Rs 510 | Stop Loss Rs 350

The stock double top buys, bullish turtle breakouts and sustenance above 10-column average on P&F chart.
: Buy | Target Rs 475 | Stop Loss Rs 406

The stock is attempting a triangle break. Move above Rs 426 would confirm the resumption of the prevailing uptrend.

Expert: Nooresh Merani, an independent technical analyst told ETNow


Also Watch: https://economictimes.indiatimes.com/markets/stocks/news/buy-or-sell-stock-ideas-by-experts-for-october-28-2022/videoshow/95134192.cms

: Buy | Target Rs 250 | Stop Loss Rs 220
: Buy | Target Rs 2100 | Stop Loss Rs 1880
: Buy | Target Rs 90 | Stop Loss Rs 70

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)