Stocks to buy today: 6 short-term trading ideas for 13 July

Indian market bounced back on Wednesday tracking positive global cues. The S&P BSE Sensex rallied more than 200 points while the Nifty50 reclaimed 16,100 levels in the first 15 minutes of trade.

Sectorally, buying was seen in realty, telecom, industrials, utilities, and FMCG.

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


Expert: Vinay Rajani, CMT (Senior Technical and Derivative Analyst), HDFC Securities

Finolex Cable: Buy| Target Rs 440| Stop Loss Rs 393
The stock price has surpassed the previous swing high resistance placed at Rs 409 with rising volumes which is a bullish sign.

CCL Products: Buy| Target Rs 434| Stop Loss Rs 382
Recently, the stock surpassed its 200-day EMA. The 50-day EMA is seen rising over the past 2 weeks which indicates a positional uptrend.

Expert: Kunal Bothra, Market Expert told ETNow


Bajaj Finance: Buy| Target Rs 6000| Stop Loss Rs 5780

Indian Bank: Buy| Target Rs 180| Stop Loss Rs 172

Expert: CA Rudramurthy, managing director at Vachana Investments

Sun Pharma: Buy| Target Rs 910-1000| Stop Loss Rs 830

IndusInd Bank: Buy| Target Rs 885-1000| Stop Loss Rs 830

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