Stocks to buy or sell today: 7 short-term trading ideas by experts for 10 October 2022

Indian market opened lower by over a per cent on Monday tracking weak global cues. The S&P BSE Sensex fell more than 700 points while the Nifty50 breached 17,200 levels on the downside in the first 15-minutes of trade.

Sectorally, selling pressure was seen in auto, power, utilities, metals, and banks.

We have collated stocks from various experts for traders who have a short-term trading horizon:

Expert: Sagar Doshi, Technical Head, Research, Edelweiss told ETBureau

United Spirits: Buy| Target Rs 960| Stop Loss Rs 840
Short-term indicator hint that it is likely to breakout on higher side from consolidation pattern.

Cummins India: Buy| Target Rs 1320| Stop Loss Rs 1200
The stock has a 10-15% potential upside move to unfold in the coming times.

Bharat Forge: Buy| Target Rs 850| Stop Loss Rs 730
Technically, the stock is holding well above the short-term moving averages and is likely to give a fresh breakout.

Max Financial Services: Sell| Target Rs 720| Stop Loss Rs 815
The stock failed to cross the 20-DMA on the monthly chart, which suggests the weakness in the trend to continue.

Expert: Nooresh Merani, an independent technical analyst told ETNow

Bharti Airtel: Buy| Target Rs 850| Stop Loss Rs 760

Sun Pharma: Buy| Target Rs 1050| Stop Loss Rs 930

United Spirits: Buy| Target Rs 950| Stop Loss Rs 840

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