Stocks to buy today: 10 short-term trading ideas by experts for 29 July

Indian market started on a strong note on Friday tracking positive global cues. The S&P BSE Sensex rallied over 500 points while the Nifty50 reclaimed 17,000 levels in the first 15-minutes of trade.

Sectorally, the rally was seen in metals, realty, auto, capital goods, and power stocks while some selling was visible in the healthcare space.

Top Results today: HDFC, NTPC,

, Cipla, , , DLF, , , , etc. among others.

Corporate Radar

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

Expert: Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities told ETBureau

HUL: Buy| Target Rs 2700| Stop Loss Rs 2580

The stock is seen in a rising channel chart formation and a Hammer candlestick pattern suggests bullish continuation to persist.

L&T Finance Holdings Ltd: Buy| Target Rs 78| Stop Loss Rs 72

A breakout from the Ascending Triangle chart pattern specifies a fresh leg of upside from current levels.

HCL Technologies: Buy| Target Rs 975| Stop Loss Rs 930

The stock recorded a range breakout on the daily chart with incremental volumes that suggests a new leg of upward momentum.

Berger Paints: Buy| Target Rs 636| Stop Loss Rs 606

The stock recorded a breakout from the Symmetrical triangle chart pattern with rising volume that indicates bullish momentum.

Expert: Kunal Bothra, Market Expert told ETNow

ICICI Bank: Buy| Target Rs 833| Stop Loss Rs 800

IndusInd Bank: Buy| Target Rs 1080| Stop Loss Rs 980

SBI Cards: Buy| Target Rs 960| Stop Loss Rs 908

Expert: Nooresh Merani, independent technical analyst told ETNow

Bata India: Buy| Target Rs 2100| Stop Loss Rs 1840

HDFC Bank: Buy| Target Rs 1580| Stop Loss Rs 1400

IDFC First Bank: Buy| Target Rs 40| Stop Loss Rs 36

(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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