This is Vishal Sharma from Free Stock Tips India. Today I am going to discuss about today’s market trend and Intraday trading strategies.
Heavy downtrend of global market index is witness for the selling in Indian equity market. Market has crashed by more than 1 per cent today. Sensex has fell near about 400 points and trading at 26334 level while Nifty is also struggling at 8080 level with a loss of 126 points. In today’s trading Banking and auto stocks are top losers.
NSE Midcap and Smallcap stocks are also continued to trend downwards. BSE Midcap Index fell 0.2 percent and arrived to a level of 11376. While BSE smallcap is trading at 11456 with a marginal loss. All sectors except metal index on NSE index are continued to decline. Bank Nifty sliped by 1 per cent at 17730 and BSE Auto Index is down by 0.70 per cent at 8630 level. Metal index rose by half a per cent and reached at 2131 level
Now What to Do??
The market is facing a high selling pressure so the very next question is what should I do for today’s trading? Is this a right time to enter with a buy position? Which stock I should buy today? So friends you don’t need to panic. Here I have your answer. I am having some Intraday Strategies for today. Please read the following intraday trading tips for today.
Stock Intraday Trading Strategy:
- Buy ACC for intraday trading, Target is 1583, Stop loss at 1558
- Hero MotoCorp buy for short term target of 3130, stop loss at 3050
- Buy Kotak Mahindra for 2-3 days target level of 820, stop loss at 740
- Buy Tech Mahindra for trading target of 570, Stop loss at 525