Top Stocks to Buy or Sell Today as Nifty 50 Eyes Key Support Levels

The stock market today is expected to see movement based on global market trends and local cues. Investors are looking at the Nifty 50 index, which shows the strength of top Indian companies. Let’s look at what to expect on Tuesday and which stocks to buy or sell.

Nifty 50 Today: Key Levels to Watch

The Nifty 50 index closed higher on Monday. Experts say if Nifty stays above 22,400, it can move up to 22,600. But if it falls below 22,300, it may go down to 22,100. Watch these levels before making any decision.

Global Markets Affecting Indian Stock Market

US stock markets ended mixed on Monday. Asian markets like Nikkei and Hang Seng also opened flat. Global news, like interest rate changes or oil prices, can affect the Indian share market today.

Eight Stocks to Buy or Sell on Tuesday

Here are eight stocks to watch today based on expert suggestions:

Stocks to Buy Today

1. TCS – Strong uptrend, good for long-term buy.
2. HDFC Bank – Showing signs of recovery.
3. Infosys – Good buying level after recent fall.
4. L&T – Positive technical signals.

Stocks to Sell Today

1. Zomato – May face profit booking.
2. Tata Motors – Weak chart pattern.
3. Paytm – In downtrend, better to avoid.
4. JSW Steel – Looks overbought, may fall.

Stock Market Tips for New Traders

• Always check Nifty 50 trend before trading.
• Use stop-loss to avoid big losses.
• Follow news from global markets.
• Trade with a plan, not emotion.

Conclusion

Today’s stock market update shows a mixed trend. Keep an eye on Nifty 50 levels, global news, and expert views. Use the trade setup wisely and pick stocks carefully.

Also Read :

https://thefirstcritic.com/gold-prices-jump-by-rs-580-silver-rises-rs-500-in-a-day/

FAQs

1. What is the Nifty 50 index?
Nifty 50 is a list of the top 50 companies listed on the NSE (National Stock Exchange) in India.

2. How does global market news affect Indian stocks?
Big events in US or Asian markets can change investor mood and affect stock prices in India.

3. Which are the top stocks to buy today?
Experts suggest TCS, HDFC Bank, Infosys, and L&T for buying.

4. Is it a good day to trade in the stock market?
If Nifty 50 stays above key levels, it may be a good trading day. Watch the trend before trading.