Stocks to buy or sell today: 10 short-term trading ideas by experts for 18 October 2022

The Indian market opened higher on Tuesday tracking positive global cues. The S&P BSE Sensex rose over 500 points while the Nifty50 managed to reclaim 17,400 levels in the first 15-minutes of trade.

Sectorally, buying was seen in auto, utilities, power, IT, FMCG, and telecom.

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

Expert: Ajit Mishra, VP - Research,

Religare

Broking, told ETBureau

Apollo Tyre: Buy | Target Rs 298| Stop Loss Rs 260

The stock has formed a strong base formation in the last two weeks after marginal retracement from its record high.

Bat India: Buy | Target Rs 1975| Stop Loss Rs 1755

The stock respected the trendline support for the fourth time on the weekly chart. We expect a gradual up move from here on.

: Buy | Target Rs 575| Stop Loss Rs 525

SBI is amongst the leading stocks in the banking pack. We witnessed a fresh breakout from a consolidation range.

: Buy | Target Rs 1295| Stop Loss Rs 1135

The stock formed a base above the major moving averages ribbon. The stock looks set for a recovery now.

Expert: Chandan

Taparia

, Derivative & Technical Analyst,

Motilal Oswal Financial Services

, told ETNow

SBI: Buy | Target Rs 570| Stop Loss Rs 530

: Buy | Target Rs 2800| Stop Loss Rs 2640

Data Patterns: Buy | Target Rs 1360| Stop Loss Rs 1260

Expert: Kunal Bothra, Market Expert, told ETNow

Also Watch:

SBI: Buy | Target Rs 565| Stop Loss Rs 533

: Buy | Target Rs 898| Stop Loss Rs 865

Anant Raj: Buy | Target Rs 118| Stop Loss Rs 104

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