Stocks to buy or sell today: 10 short-term trading ideas by experts for 17 October 2022

Indian market is expected to open lower on Monday tracking muted global cues.

The S&P BSE Sensex closed nearly 700 points higher on Friday while Nity50 closed just below 17200 levels.

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


Expert: Chandan Taparia, Derivative & Technical Analyst, Motilal Oswal Financial Services told ETBureau

HDFC Ltd: Buy| Target Rs 2540| Stop Loss Rs 2290
The stock recorded a price-volume breakout on the daily frame and is turning from its support by surpassing its resistance zones.

Federal Bank: Buy| Target Rs 136| Stop Loss Rs 127
The stock recorded a volume surge on the daily frame and closed above its previous high with follow-up buying which is a positive sign for the bulls.

GNFC: Buy| Target Rs 730| Stop Loss Rs 680
The stock recorded a price volume breakout and crossed its 50-Days EMA.

Hero MotoCorp: Sell| Target Rs 2420| Stop Loss Rs 2590
The 2-wheeler maker is making lower highs from the last four weeks. We are seeing a lack of strength with a breakdown on charts.

Expert: Kunal Bothra, Market Expert told ETNow

Infosys: Buy| Target Rs 1500| Stop Loss Rs 1440

HCL Technologies: Buy| Target Rs 1040| Stop Loss Rs 975

GNFC: Buy| Target Rs 730| Stop Loss Rs 680

Expert: Nooresh Merani, an independent technical analyst told ETNow

Axis Bank: Buy| Target Rs 900| Stop Loss Rs 770

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

Narayana Hrudalaya: Buy| Target Rs 850| Stop Loss Rs 700

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