Top eight intraday trading ideas for afternoon trade for Monday, 20 February 2017
NEW DELHI: The NSE Nifty index was trading above 8,840-mark in the noon trade on Monday on account of buying in frontline bluechip counters amid mixed global cues.
Among 51 components in Nifty index, 33 were trading in green with Idea Cellular gaining the most 3.49 per cent, followed by Tata Steel (up 2.20 per cent), Bharti Airtel (up 2.06 per cent), BPCL (up 1.91 per cent) and TCS (up 1.79 per cent).
On the other hand, Bosch, YES Bank, HDFC, Tech Mahindra and M&M were trading lower by 0.90 per cent, 0.82 per cent, 0.77 per cent, 0.74 per cent and 0.71 per cent, respectively.
ETMarkets.com has collated a list of trading ideas from various experts and here's what they had recommended.
Sarvendra Srivastava of Phisense.com
Havells is a 'Sell’ call with a target of Rs 405 and a stop loss of Rs 430.10
YES Bank is a 'Sell’ call with a target of Rs 1401 and a stop loss of Rs 1445
HDFC is a 'Sell’ call with a target of Rs 1365 and a stop loss of Rs 1401
Chandan Taparia, Motilal Oswal Securities
Castrol is a 'Buy’ call with a target of Rs 455 and a stop loss of Rs 420
Pidilite Industries is a 'Sell’ call with a target of Rs 666 and a stop loss of Rs 725
Amara Raja Batteries is a 'Sell’ call with a target of Rs 830 and a stop loss of Rs 925
Reliance Securities
Tata Communications is a 'Buy' call with a target of Rs 765-770 and a stop loss of Rs 735
Mindtree is a 'Buy' call with a target of Rs 481-485 and a stop loss of Rs 466
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned)
Among 51 components in Nifty index, 33 were trading in green with Idea Cellular gaining the most 3.49 per cent, followed by Tata Steel (up 2.20 per cent), Bharti Airtel (up 2.06 per cent), BPCL (up 1.91 per cent) and TCS (up 1.79 per cent).
On the other hand, Bosch, YES Bank, HDFC, Tech Mahindra and M&M were trading lower by 0.90 per cent, 0.82 per cent, 0.77 per cent, 0.74 per cent and 0.71 per cent, respectively.
ETMarkets.com has collated a list of trading ideas from various experts and here's what they had recommended.
Sarvendra Srivastava of Phisense.com
Havells is a 'Sell’ call with a target of Rs 405 and a stop loss of Rs 430.10
YES Bank is a 'Sell’ call with a target of Rs 1401 and a stop loss of Rs 1445
HDFC is a 'Sell’ call with a target of Rs 1365 and a stop loss of Rs 1401
Chandan Taparia, Motilal Oswal Securities
Castrol is a 'Buy’ call with a target of Rs 455 and a stop loss of Rs 420
Pidilite Industries is a 'Sell’ call with a target of Rs 666 and a stop loss of Rs 725
Amara Raja Batteries is a 'Sell’ call with a target of Rs 830 and a stop loss of Rs 925
Reliance Securities
Tata Communications is a 'Buy' call with a target of Rs 765-770 and a stop loss of Rs 735
Mindtree is a 'Buy' call with a target of Rs 481-485 and a stop loss of Rs 466
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned)
