Stocks to buy today: Stocks to buy or sell today: Top 10 short-term trading ideas by experts for September 22, 2022

Indian markets opened lower on Thursday on signs of global weakness after the US Fed raised interest rates by 75 bps on a hawkish outlook.
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S&P BSE Sensex fell more than 400 points while Nifty50 broke below 17600 in the first 15 minutes of trading.

The rupee hit a record low against the dollar at 80.40 rupees/USD versus 79.98 rupees/USD recorded in Wednesday’s trading session.

By industry, selling pressure appeared in IT, banking, oil & gas and energy stocks.

Dr. VK Vijayakumar, Head of Investment Strategy at


“US 10-year yield spikes above 3.5% and dollar index above 111 is worrying for equity markets. Now the market feels that the probability of a US recession has increased to 75%. Given the slowdown in the Eurozone and China, this is bad news for global growth,” he said.

We have collated stocks from different experts for traders with short-term bias:

Expert: Jayesh Bhanushali, Sr Derivatives & Technical Research Analyst, IIFL told ETBureau

: Buy | Target Rs 332 | Stop Loss Rs 3 311

The stock posted an inverse head and shoulders breakout. : Buy | Target Rs 3850 | Stop Loss Rs 3 3700

The stock made a consolidation breakout. : Sell | Target 200 Rs | Stop Loss 214 Rs

Stock gave an inverted cup and handle breakdown.

Broker: Securities told ETMarkets

Reliance Securities Intraday Picks

Engine: Sell | Target 3600 Rs | Stop Loss Rs 3 3800

Short positions can be initiated in the range of Rs 3700-3730 for a target of Rs 3600 with a strict stop loss of Rs 3800: Sell | Target Rs 670 | Stop Loss Rs 70 702

Short positions can be initiated in the range of Rs 690-696 for a target of Rs 670 with a strict stop loss of Rs 70.: Buy | Target Rs 172 | Stop Loss Rs 16 163

Long positions can be initiated in the range of Rs 165-167 for a target of Rs.172 with a strict stop loss of Rs 163.

Expert: Kunal Bothra, Market Specialist to ETNow

Also track:

Buy or Sell: Experts’ Stock Ideas for September 22, 2022

ET Now spoke to various experts and here is what they have to recommend for today’s session. Nooresh Merani has a buy/sell recommendation for HDFC Bank and Sun Pharma while Kunal Bothra has a buy/sell recommendation for HUL and Sun Pharma for today’s session. Check targets and stoploss.

: Buy | Target Rs 2700 | Stop Loss Rs 2560: Buy | Target Rs 980 | Stop Loss 880 Rs

Britannia Industries: Buy | Target Rs 3840 | Stop Loss Rs 3 3700

Expert: Nooresh Merani, an independent technical analyst told ETNow

: Buy | Target Rs 1600 | Stop Loss 1470 Rs

Sun Pharma: Buy | Target Rs 950 | Stop Loss 880 Rs

: Buy | Target Rs 300 | Stop Loss Rs . 238

(Disclaimer: The recommendations, suggestions, views and opinions expressed by experts are their own. They do not represent the views of The Economic Times)

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