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4 Intraday Cash Buy Stock Ideas By Angel Broking For December 22, 2021

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Angel Broking other than long term stock recommendations also considering the stock technicals comes up with intra-day buy and sell ideas in cash for traders to make quick gains. Intraday trading is different in the sense that as the position in the scrip has to be squared on the similar day of trade there is no equity transfer.

 

But before we go ahead with it, let's also know how the market has been faring after steep losses over Friday's and Monday's trading sessions. Amid improved sentiments despite Omicron worries scaling, Indian markets saw a gap-opening with Nifty also hitting 16,900 levels. Bank Nifty has also been resilient with gains of over 0.6 percent, while broader markets outperformed.

Amid such a market landscape, here are Angel Broking Intraday Cash Buy calls for December 22, 2021:

Siemens- Buy Siemens @ Rs. 2371.2-2374.2 for a price target of Rs. 2442 and Stop loss of Rs. 2334

Reliance Industrial Infra: Buy Reliance Industrial @ 871.9-873.9, Target of Rs.904 and stop loss to be maintained is Rs. 855.5

Coforge: Buy Coforge in the range of Rs. 5509-5514 for a target of Rs. 5730; stop loss for the trade is Rs. 5390.

TCS: Buy TCS @ Rs. 3627-3630.4for a target of Rs. 3710 and stop loss Rs. 3579.

Disclaimer:

The stocks given in here are taken from the Angel One's app Research page. Readers and investors should not consider it be an investment advice and should engage in their own due diligence before making such risky bets.

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