Buy Stocks: Buy Stocks Today: 10 Expert Short-Term Trading Ideas for February 10, 2023
The S&P BSE Sensex is up more than 100 points while the Nifty50 closed just below 17900 on Thursday.
Indian VIX was down 4.12% on Thursday from 13.57 to 13.04. Volatility has fallen overall for the past eight sessions and now needs to be held in lower zones for market stability.
On the options front, the weekly maximum call OI is placed at 18000 and then towards 18200 strikes, while the maximum put OI is placed at 17800 and then towards 17600 strikes.
“Options data suggests a broader range between the 17400 to 18200 zones, while an immediate range is between the 17700 to 18050 zones,” Chandan said
Analyst Derivatives at Limited, said.
“Nifty formed a small bodied bullish candle on a daily basis with a longer lower shadow indicating buying on dips,” he said.
“Now the index needs to hold above 17850 zones for an upward move towards 18018 and then 18081 zones while placing supports at 17777 and 17650 zones,” added Taparia. We’ve compiled stocks from various experts for short-term traders
Expert: Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities, told ETBureau
: Buy| Target Rs 2900| Stop loss Rs 2770
The stock has formed a rounded bottom pattern on the daily charts, suggesting the meter is gaining traction for a fresh move higher.: Buy| Target Rs 4780| Stop loss Rs 4565
Stock breakout of a bullish flag pattern with decent volume suggests bullish momentum is likely to continue.: Buy| Target Rs 1045| Stop loss Rs 1000
The stock reversed from its multiple support area on the daily chart, suggesting that an uptrend is likely to resume.: Buy| Target Rs 330| Stop loss Rs 313
The stock is going through a consolidation phase and forming a flag chart pattern that suggests a bullish continuation.
Expert: Kunal Bothra, market expert to ETNow
: Buy| Target Rs 888| Stop Loss Rs 850: Buy| Target Rs 700| Stop loss Rs 622
Bector Foods: Buy| Target Rs 550| Stop loss Rs 475
Expert: Nooresh Merani, an independent technical analyst told ETNow
: Buy| Target Rs 2450| Stop loss Rs 2290
L&T: Buy| Target Rs 2250| Stop loss Rs 2080
: Buy| Target Rs 70| Stop loss Rs 50
(Disclaimer: Recommendations, suggestions, views and opinions of experts are their own. These do not represent the views of The Economic Times)
https://economictimes.indiatimes.com/markets/stocks/news/stocks-to-buy-today-10-short-term-trading-ideas-by-experts-for-10-february-2023/articleshow/97789760.cms Buy Stocks: Buy Stocks Today: 10 Expert Short-Term Trading Ideas for February 10, 2023