Stocks to buy or sell today: 10 short-term trading ideas by experts for 31 October 2022

Indian market is expected to open higher on Monday tracking the positive trend seen in other Asian markets.

The S&P BSE Sensex closed with gains of over 200 points on Friday while the Nifty50 closed just a shade below 17800 levels.

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

Expert: Chandan Taparia, Derivative & Technical Analyst, Motilal Oswal Financial Services told ETNow

Apollo Hospitals: Buy| Target Rs 4770| Stop Loss Rs 4465
The stock is making higher lows in the past 5-months. It came out of the range on the weekly frame with a price volume breakout on the daily frame.

Maruti Suzuki India: Buy| Target Rs 9920| Stop Loss Rs 9280
The stock is forming higher highs from the past 6 months and has witnessed a price volume surge on the weekly frame. It has surpassed its resistance zones.

Reliance Industries: Buy| Target Rs 2630| Stop Loss Rs 2475
The stock has bottomed out on a weekly frame and is crossing its hurdle zones.

Syngene: Buy| Target Rs 640| Stop Loss Rs 600
The stock has formed a Pole & flag pattern formation breakout on the daily frame. The stock witnessed a follow-up buying with a surge in volume at higher zones

Expert: Nooresh Merani, an independent technical analyst told ETNow

M&M: Buy| Target Rs 1450| Stop Loss Rs 1290

L&T: Buy| Target Rs 2200| Stop Loss Rs 1930

NCC: Buy| Target Rs 90| Stop Loss Rs 70

Expert: Kunal Bothra, Market Expert told ETNow

Axis Bank: Buy| Target Rs 925| Stop Loss Rs 888

Tata Motors: Buy| Target Rs 424| Stop Loss Rs 398

NCC: Buy| Target Rs 78| Stop Loss Rs 70

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