Stocks to buy or sell today: 9 short-term trading ideas by experts for 11 October 2022

The Indian market opened lower on Tuesday following negative global cues. S&P BSE Sensex was down over 150 points in early trade while Nifty 50 was close to the 17,200 level.

Sectorally, selling pressure was seen in oil & gas, banks, auto, pharma, and FMCG stocks while some buying was visible in IT and media stocks.

Brent crude futures today fell 57 cents, or 0.6 per cent, to $95.62 a barrel by 0031 GMT, after falling $1.73 in the previous session.

Also read:
https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-slide-as-dollar-strengthens-china-covid-19-woes-dampen-demand/articleshow/94773012.cms

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

Expert: Dharmesh Shah, Head - Technical, ICICI Securities told ETBureau

Titan: Buy| Target Rs 2790| Stop Loss Rs 2610

The counter’s falling channel breakout contained last one month breather and RSI is in buy mode.

Sun Pharma: Buy| Target Rs 995| Stop Loss Rs 918

The stock broke outabove the last six-month range and is seeing a faster retracement of the last falling segment.

Coal India: Buy| Target Rs 243| Stop Loss Rs 219

The stock’s buying demand emerged from the lower band of the rising channel and 100 days EMA.

Expert: Kunal Bothra, Market Expert told ETNow

Also Watch: https://economictimes.indiatimes.com/markets/stocks/news/buy-or-sell-stock-ideas-by-experts-for-october-11-2022/videoshow/94774631.cms

CAMS: Buy| Target Rs 2650| Stop Loss Rs 2480

Bharat Forge: Buy| Target Rs 800| Stop Loss Rs 762

Zomato: Buy| Target Rs 74| Stop Loss Rs 66

Expert: Nooresh Merani, an independent technical analyst told ETNow

Tata Chemicals: Buy| Target Rs 1400| Stop Loss Rs1140

IDFC: Buy| Target Rs 80| Stop Loss Rs 70

Ircon International: Buy| Target Rs 55| Stop Loss Rs 41

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