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Day trading guide for today: 6 stocks to buy or sell for Wednesday — July 5

Indian markets are expected to continue their positive trend on Wednesday, supported by favorable economic conditions and positive global cues. However, some pullbacks are possible ahead of Q1 results. Recommended stocks for intraday trading include Colgate, Wipro, Tata Steel, Cipla and others.
Sumeet Bagadia Piramal Pharma Ajit Mishra Anuj Gupta Kunal Shah Ganesh Dongre

Chart Check: What does annual chart suggest for DRL? Upside likely to continue in next 1-2 years

Experts suggest that the rally in Dr Reddys Laboratories may not be over yet, as the pharma stock hit a 52-week high of INR 5,176 on 3 July 2023, which could extend to INR 5,400 levels in the next 1-2 years based on yearly charts. The stock has risen more than 10% in a month and more than 20% in the last 6 months, with pharma stocks moving in tandem with the momentum seen in the sector. After considerable underperformance, the Pharma sectors health has started to improve, as the index has given ...
Kapil Shah Finlearn Academy Emkay Global Financial Services Relative Strength Index Technical Analyst

F&O Ban: Indiabulls Housing Finance stock under ban on Tuesday

Indiabulls Housing Finance stock is under the F&O ban for trade, but will still be available in the cash market. The ban is put in place when the open interest on a stock exceeds 95% of the market-wide positions limit, and is lifted when it falls below 80%. Indiabulls Housings open interest stood at 86.6% on Monday. Indian headline indices, including the S&P BSE Sensex and Nifty50, reached all-time highs on Monday. Analysts expect the upward trend to continue, but warn of potential volat...
Rajesh Bhosale Nifty Bank Indiabulls Housing Finance Housing Finance Indiabulls Housing Technical Analyst

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