Buy or sell: Vaishali Parekh recommends three intraday stocks to buy today 10 February 2026

By Admin

10 Feb, 2026

The Indian stock market traded cautiously positive on Monday, supported by encouraging global cues and early optimism following the announcement of an interim framework for the India–US trade deal. Benchmark indices opened higher, reflecting positive sentiment, although overall participation remained selective as investors stayed cautious ahead of key global and domestic macroeconomic triggers.

Broader Asian markets also provided supportive cues, helping sustain early momentum. However, traders refrained from aggressive positioning, indicating a phase of consolidation rather than a sharp directional move.

Market Overview: Gradual Recovery with Selective Buying

Sectoral performance remained largely positive, with buying interest seen in PSU banks, consumer durables, realty, defence, pharma, and auto stocks. IT stocks showed mixed trends as investors continued to assess global technology developments.

Overall, the Indian equity market appears to be in a gradual recovery phase, with near-term direction likely to be driven by global macro developments, currency movements, and the sustainability of risk-on sentiment reflected in foreign fund flows.

Nifty 50 Outlook

According to Vaishali Parekh, Vice President   Technical Research at Prabhudas Lilladher, the market sentiment remains positive, and an optimistic approach could push the Nifty 50 towards its previous peak levels.

She highlighted that the Nifty 50 witnessed a gap-up opening near the 25,900 zone and remained rangebound while maintaining a strong bias. Active participation from broader markets supported the benchmark, indicating the possibility of further upside in the coming sessions.

From a technical perspective:

• Near-term support is placed near the 100-period moving average around 25,500.
  
  

• Immediate support lies at 25,700.
  
  

• Resistance is seen in the 25,800–25,850 zone, with a higher resistance near 26,100.
  
  

• If the positive bias sustains, the index may retest the previous peak near 26,350 in the coming days.
  
  

Bank Nifty Outlook

On Bank Nifty, Parekh noted a strong opening near the 60,800 zone, led by SBI and supported by active participation from PSU banks. This strength has improved overall sentiment in the banking space.

Key levels to watch:

• Crucial support at 59,500, which must be sustained.
  
  

• Upside potential towards the recent peak near 61,800.
  
  

• Expected daily range between 60,000 and 61,400.
  
  

With most frontline banking stocks showing strength, further gains may be possible if broader market sentiment remains supportive.

Vaishali Parekh’s Intraday Stock Picks for Today

For intraday traders, Vaishali Parekh has recommended the following three stocks based on technical strength and price action:

1. PI Industries
   
   

• Buy at: ₹3,214
  
  

• Target: ₹3,500
  
  

• Stop Loss: ₹3,100
  
  

2. Samvardhana Motherson
   
   

• Buy at: ₹122
  
  

• Target: ₹128
  
  

• Stop Loss: ₹120
  
  

3. Cipla
   
   

• Buy at: ₹1,348
  
  

• Target: ₹1,365
  
  

• Stop Loss: ₹1,335
  
  

These recommendations are intended for intraday trading and are based on technical indicators and prevailing market trends.

Conclusion

The Indian stock market continues to show signs of recovery, supported by selective buying and positive sectoral action. While broader sentiment remains optimistic, investors are advised to remain cautious and closely monitor global cues, currency movements, and institutional flows. Intraday traders may find opportunities in technically strong stocks, provided disciplined risk management is followed.

Disclaimer

This article is for educational purposes only. The views and recommendations mentioned above are those of individual analysts or broking firms and do not represent investment advice. Investors are advised to consult certified financial experts before making any investment decisions.