Vaishali Parekh VP at Prabhudas Lilladher believes that the Indian stock market bias has turned weak after the Nifty 50 index came close to its 50-DEMA. On stocks to buy today, Vaishali Parekh recommended three buy or sell stocks for today — 📌Hindustan Unilever Ltd or HUL, 📌Divi's Laboratories, and 📌Colgate Palmolive (COLPAL).
Open FlipThe market remained under pressure, but three stocks - 📌Bharat Dynamics was the top gainer among these three stocks on April 16, reporting a 4.7% rally 📌Aarti Industries gained 2 percent to Rs 749 and formed a long bullish candlestick pattern 📌Cummins India jumped 2.6% to end at a new closing high of Rs 3,121 and traded above all key moving averages
Open FlipThe Anand Rathi expert went on to add that Nifty today is facing resistance at the 22,500 to 22,600 zone. However, he advised a 'buy-on-dips' strategy till the 50-stock index is above the 22,100 level. On day trading stocks to buy today, Ganesh Dongre of Anand Rathi recommended three shares to buy today — 📌CAMS, 📌Apollo Tyres, and 📌RCF.
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