To fetch the updated data you need to use Inserted table. So the trigger would be something like
CREATE TRIGGER [dbo].[transtypr_Update] on [dbo].[SellTable]
AFTER UPDATE AS
BEGIN
IF UPDATE(TransType) BEGIN
UPDATE BuyTable
SET BuyTable.TransType = inserted.TransType
FROM BuyTable
INNER JOIN Inserted ON BuyTable.TransID = Inserted.TransID
END
END