Stocks to Buy Today: IRCTC, ONGC in Top 10 Trading Ideas for September 10, 2024

Indian markets are likely to strengthen on Tuesday, tracking mixed global cues.

Nifty futures closed positive on Monday with a gain of 0.35% at 24,993. India VIX fell 6.44% to 14.24 from 15.22.

On the options front, maximum call OI is placed at 25,000 and then 25200 strikes while maximum put OI is placed at 24,000 and then 24,500 strikes.

Call writing is looking at 25,400 and then 24,800 strikes while put writing is looking at 24900 and then 24,800 strikes.

“Options data suggests a broad trading range in the 24,500 to 25,400 zone while the immediate range is between 24800 to 25,300 levels,” said Chandan Taparia, analyst-derivatives at Motilal Oswal Financial Services Ltd.

“On Monday the Nifty formed a bullish candle on the daily frame with support-based buying,” he said.

“Now for a bounce towards 25,150 then 25,250 zone the index has to cross 25,000 zone and hold while support is placed at 24,750 then 24,650 zone,” recommended Taparia.

We have collected a list of stocks from F&O basket along with cash market from various experts for traders with short term trading horizon:

Expert: Ajit Mishra, SVP – Technical Research, Religare Broking Ltd told ET Bureau

Britannia Industries: Buy | Target Rs. 6180| Stop loss of Rs 5820

Havells India: Buy | Target Rs. 1985 | Stop Loss Rs. 1840

Birla Soft: sell | Target Rs. 580| Stop loss of Rs 645

IRCTC: sell | Target Rs 875 | Stop loss of Rs 950

Expert: Nooresh Merani, Independent Technical Analyst told ETNow

Dabur India: Buy | Target Rs. 690| Stop loss of Rs 648

ONGC: Buy | Target Rs. 320| Stop loss of Rs 290

IEX: Buy | Target Rs. 230| Stop loss of Rs 207

expert: Kunal Bothra, market expert told ETNow

Bosch: Buy | Target Rs. 34500| Stop loss of Rs 32500

Hindustan Unilever: Buy | Target Rs. 3000| Stop loss of Rs 2870

BSE: Buy | Target Rs. 2925| Stop loss of Rs 2785

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