What's The Best Four Stocks To Buy Or Sell Today?

The Indian stock market, remained typically at low prices from Tuesday to Thursday last week. Nifty added 135 points and closed at 19, 717 levels, BSE Sensex soared 480 points and finished at the 65, 721 mark whereas the Bank Nifty index hit 366 points and ended at 44,879 levels. Broad market indices rose in tandem with the Nifty even as the advance-decline ratio remained firm at 1.90:1.

Status of the Stock market

The outlook for Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “Nifty remains negative in the short term trend. Presently, the upside move could face a strong hurdle around 19,600 to 19, 650 levels in the upcoming days. Today, Nifty placed at 19,400 levels.

Some stock market experts recommend these five stocks to buy today:

1] Larson & Turbo (LT): Buy at ₹2626.90, target ₹2730, stop loss ₹2560.

LT share price is astounding trading at Rs2626.90 levels. On a closing basis, the stock has respected the support levels and hasn't closed below its strong support levels of ₹2560. LT shares can now progress even further towards all-time high levels and beyond.

Why you should buy L&T

The power for the stock to climb upwards is indicated by the RSI, which is trading at 62 levels. Once stock crosses the previous all-time high level of Rs 2690 it can move towards the level of Rs 2730 and chance to be increased.

2] Sun Pharma : Buy at ₹1138, target ₹1172, stop loss ₹1110.

Sun Pharma’s share price is currently trading at Rs1138, having recently flare-up from its previous range of Rs 1110 to Rs1100 which remained at least for a week. This breakout signifies a potential shift in the stock’s price dynamics, making it an intriguing investment opportunity.

3] Wipro; Buy at Rs409, target Rs429, stop loss Rs399

Wipro stock is going positive on the chart pattern and can give upside movement in the near term.

4]ICICI Bank : Buy at ₹970, target ₹1004, stop loss ₹953

The elevation in ICICI Bank is expected to continue after some profit booking spur last week.

Disclaimer: The recommendations made above are those of individual analysts or broking companies. Analysis attentively before investing. Also, this context is for study purposes.