Today 2 stocks will give good intraday earnings. New target has come for Union Bank and Hindustan Copper.

Stock To Buy Today. A big reversal was seen in the Indian stock market. Nifty crossed the 26,000 mark for the first time, but at the end of the day closed at 25,950.9 with a marginal gain of just 0.05%. Today's trading was volatile, but investors were happy with this record level of Nifty in the market.

What does the market movement say?

On September 24, Nifty formed a “spinning top” pattern, which indicates uncertainty in the market. It remained in the range of 125 points throughout the day. Now the level of 26,250 can become a tough resistance for Nifty, while the level between 25,611-25,791 can give it support.

Buying opportunity in Union Bank

If you want to make profits, keep an eye on Union Bank stock. Currently its price is ₹ 127. According to experts, it can go up to ₹ 145.5. However, investors are advised to place a stop loss of ₹ 118.

The stock has crossed important resistances like 20, 50 and 200 DEMA (Daily Exponential Moving Average). Volumes are also looking good, and it is trading above all major moving averages. Its indicators and oscillators are also looking bullish on daily charts.

Hindustan Copper Buying opportunity in

Hindustan Copper stock has reached the level of ₹ 342.50 and has given investors a chance to earn good profits. The target is set at ₹ 370 and the stop loss is kept at ₹ 323.

The stock has also crossed its previous swing high resistance of ₹ 336 and is trading above all important moving averages. Its indicators and oscillators are also showing a bullish trend on the daily and weekly charts. Also, the metal sector is also bullish on the short term chart, which is a good sign for this stock.

What should investors do?

Given the constant volatility in the market, investors are advised to make their investments wisely and use stop loss. Also keep an eye on the next movement of Nifty, as the level of 26,250 can become a big resistance.

So friends, if you also want to take advantage of this opportunity, then keep an eye on these stocks and earn profits by investing at the right time!

(Disclaimer: This article is for information purposes only. Do your own research or consult a financial advisor before investing.)

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