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The Indian market is likely to open higher on Tuesday tracking positive global cues.

The S&P BSE Sensex fell more than 500 points while the Nifty50 closed below 18,200 level on Monday.

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

Expert: Dharmesh Shah, Head – Technical, , told ETBureau


: Buy | Target Rs 1148 | Stop Loss Rs 1058

Elevated buying demand is emerging at the lower band of the 2-month rising channel and MACD is also in a buy mode which is a positive sign for the bulls.

: Buy | Target Rs 170 | Stop Loss Rs 156.50

Shallow retracement signifies inherent strength that augurs well for the extension of the prevailing uptrend.

: Buy | Target Rs 3073 | Stop Loss Rs 2834

The stock is forming a higher base above an inverted head and shoulder breakout and is sustaining above the 50-Days EMA.

: Buy | Target Rs 2792 | Stop Loss Rs 2548

The stock recorded a breakout above the last two months’ range (2638-2241) with strong volume signalling an uptrend to continue.

Expert: Kunal Bothra, Market Expert, told ETNow


AB Capital: Buy | Target Rs 132 | Stop Loss Rs 122

: Buy | Target Rs 555 | Stop Loss Rs 500

: Buy | Target Rs 2710 | Stop Loss Rs 2625

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



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