Stocks to buy or sell today: 8 short-term trading ideas by experts for 14 October 2022

The Indian market opened higher on Friday, led by gains in banking, financial and information technology stocks. S&P BSE Sensex was up over 1,000 points in early trade while Nifty 50 was above the 17,300 level.

Sectorally, buying was seen in IT, consumer durables, banking, financial, metal, realty and FMCG stocks.

Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging U.S. inflation will likely lead to higher interest rates for longer, hastening a global recession. MSCI's index of Asia-Pacific shares outside Japan was trading 2.45 per cent higher. Also Read

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

Expert: Pritesh Mehta, Lead Technical Analyst - Institutional Equities, Yes Securities told ETBureau

Voltas: Sell | Target Rs 800| Stop Loss Rs 900

The Stock is continuously trading below its 10-column average on P&F chart, implying weakness.

Godrej CP: Buy | Target Rs 940| Stop Loss Rs 805

The stock’s sustenance above three-digit Gann number of 841 is likely to result in shift in orbit on the upside.

Apollo Hospitals: Sell | Target Rs 3950| Stop Loss Rs 4410

The counter struggled to sustain above its yearly mean since August, implying weakness.

Expert: Kunal Bothra, Market Expert told ETNow

Also Watch:

IndusInd Bank: Buy | Target Rs 1280| Stop Loss Rs 1140

IDFC First Bank: Buy | Target Rs 60| Stop Loss Rs 52.50

Westcoast Paper: Buy | Target Rs 580| Stop Loss Rs 505

Expert: Nooresh Merani, an independent technical analyst told ETNow
IDFC: Buy | Target Rs 90| Stop Loss Rs 71

RBL Bank: Buy | Target Rs 150| Stop Loss Rs 119

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