India VIX, a measure of volatility in Nifty, was reported at 14.11 on Tuesday, up 1.56%.
On the higher front, the 22,000 zone is likely to be seen as an immediate hurdle followed by the sturdy wall of 22,150-22,200, Osho Krishan analyst at Angel One said as he recommended caution going ahead with a strong focus on the stock-centric approach. He advised against bottom fishing and waiting for clear bullish reversal signals before considering aggressive long positions.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Gajendra Prabu, Technical Research Analyst at HDFC Securities told ETBureau
Bajaj Finserv: Buy | Target: Rs 1,670 | Stop Loss: Rs 1,520 | Last Close: Rs 1,580 Hindalco Industries: Buy | Target: Rs 560 | Stop Loss: Rs 515 | Last Close: Rs 532Bharti Airtel: Buy | Target: Rs 1,285 | Stop Loss: Rs 1,187 | Last Close: Rs 1,225
Expert: Kunal Bothra, Market Expert told ETNow
Maruti Suzuki: Buy | Target Rs 12,000 | Stop Loss Rs 11,350
Kotak Mahindra Bank: Buy | Target Rs 1,800 | Stop Loss Rs 1,725
Triveni Turbine: Buy | Target Rs 520 | Stop Loss Rs 470
Expert: Nooresh Merani, an independent technical analyst told ETNow
ICICI Bank: Buy | Target Rs 1,150 | Stop Loss Rs 1,050
Bharti Airtel: Buy | Target Rs 1,350 | Stop Loss Rs 1,210
SAIL: Buy | Target Rs 140 | Stop Loss Rs 115
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
