Stocks to buy or sell today: 8 short-term trading ideas by experts for 19 October 2022

Indian market is expected to open higher on Wednesday tracking positive global cues.

The S&P BSE Sensex rose over 500 points on Tuesday while Nifty50 closed with gains of over 1 per cent in the previous trading session.

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

Expert: Nagaraj Shetti, Technical and Derivative Analyst, HDFC Securities told ETBureau


Bank of India: Buy| Target Rs 52| Stop Loss Rs 46
Indicators and oscillators have turned bullish as per the daily/weekly timeframe chart.

Bharat Wire Ropes: Buy| Target Rs 136| Stop Loss Rs 121.50
The pattern of volume and RSI indicates more upside for the stock price in the near term.

Expert: Kunal Bothra, Market Expert told ETNow

Granules India: Buy| Target Rs 368| Stop Loss Rs 350

State Bank of India: Buy| Target Rs 580| Stop Loss Rs 547

Allcargo Logistics: Buy| Target Rs 430| Stop Loss Rs 400

Expert: Nooresh Merani, an independent technical analyst told ETNow

LIC Housing Finance: Buy| Target Rs 460| Stop Loss Rs 405

IndusInd Bank: Buy| Target Rs 1350| Stop Loss Rs 1190

Granules India: Buy| Target Rs 400| Stop Loss Rs 345

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