Stocks to buy today: Havells, ICICI Bank among top 10 trading ideas for September 12, 2024

Call writing is observed at 25,000 and 25,100 strikes, whereas Put writing is seen at 24,500 and 24,700 strikes.

“Options data suggests a broader trading range in between 24,500 to 25,500 zones, while an immediate range between 24,700 to 25,200 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

“Nifty formed a bearish candle on the daily charts on Thursday and failed to hold on to the previous day’s recovery,” he said.

“Now, if the index manages to hold 24,850 zones then some bounce could be seen towards 25,150 then 25,250 zones while on the downside supports are shifting lower at 24,750 then 24,650 zones,” recommended Taparia.

We have collated a list of stocks from the F&O basket along with cash market from various experts for traders who have a short-term trading horizon:

Expert: Rajesh Palviya, VP-Technical & Derivative Research, Axis Securities told ETBureau

Indian Hotels: Buy | Target: Rs 800 | Stop Loss: Rs 645

Asian Paints: Buy| Target: Rs 3,900 | Stop Loss: Rs 3,180

Havells Future (26th Sept Expiry): Buy | Target: Rs 2,020 | Stop Loss: Rs 1,935

Britannia Future (26th Sept Expiry): Buy | Target: Rs 6,130-6,150| Stop Loss: Rs 5,950

Havells India: Buy | Target: Rs 2,100 | Stop Loss: Rs 1,900

Info Edge: Buy | Target: Rs 8,000 | Stop Loss: Rs 7,600

Britannia Industries: Buy | Target: Rs 6,500 | Stop Loss: Rs 5,900

Hindustan Unilever: Buy | Target: Rs 3,000 | Stop Loss: Rs 2,860

ICICI Bank: Buy | Target: Rs 1,280 | Stop Loss: Rs 1,215

Aarti Industries: Buy | Target: Rs 625 | Stop Loss: Rs 526

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