Indian market started on a firm note on Friday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 inched closer to 16,700 levels in the first 15-minutes of trade.
Sectorally, buying was seen in banks, finance, auto, consumer durables, and realty stocks.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Pritesh Mehta, Lead Technical Analyst, YES Securities to ETBureau
Aditya Birla Fashion and Retail: Buy| Target Rs 295| Stop Loss Rs 259
The stock formed a bullish pattern of a double top, Turtle, and ABC breakout on the P&F chart that suggests an up move is likely to continue in the near term.
Metropolis Healthcare: Buy| Target Rs 1735| Stop Loss Rs 1440
The company staged a breakout of a base building pattern around a three-digit Gann number of 139(0).
Ramco Cement: Buy| Target Rs 765| Stop Loss Rs 638
After a bullish anchor column, follow-through and sustenance above the 10-column average are positive signs for the bulls.
Expert: Kunal Bothra, Market Expert told ETNow
Buy or Sell: Stock ideas by experts for July 22, 2022
ET Now spoke to various experts and here’s what they have to recommend for today’s trading session. Kunal Bothra has a buy/sell recommendation on Bajaj Finserv and Axis Bank while Jay Thakkar has buy/sell recommendation on BPCL and Bajaj Finserv for today’s trading session. Check out the targets and stoploss
Bajaj Finance: Buy| Target Rs 6500| Stop Loss Rs 6100
Axis Bank: Buy| Target Rs 740| Stop Loss Rs 700
Expert: Jay Thakkar of Marwadi Shares and Finance
Bajaj Finserv: Buy| Target Rs 13500| Stop Loss Rs 12513
BPCL: Buy| Target Rs 347| Stop Loss Rs 316
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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