Top intraday trading ideas for afternoon trade for Monday, 1 October 2018
NEW DELHI: Equity benchmarks Sensex and Nifty were in negative territory in Monday's session as concerns over falling rupee, rising crude oil prices and uncertainty over the RBI policy meet later this week weighed on investor sentiment.
At 11:30 am, the NSE Nifty index was trading 90 points down at 10,840, while the BSE Sensex was down 215 points at 36,012.
ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today’s afternoon trade:
Manas Jaiswal of manasjaiswal.com
Bharti Airtel is a 'Sell' call with a target price of Rs 305 and a stop loss of Rs 335.
United Spirits is a 'Sell' call with a target price of Rs 475 and a stop loss of Rs 510.
Havells India is a 'Sell' call with a target price of Rs 545 and a stop loss of Rs 586.
Chandan Taparia, AVP- technical & derivatives, Motilal Oswal Securities
HDFC Bank is a 'Buy' call with a target price of Rs 2,075 and a stop loss of Rs 1,970.
Hero MotoCorp is a 'Sell' call with a target price of Rs 2,820 and a stop loss of Rs 3,000.
JSW Steel is a 'Sell' call with a target price of Rs 364 and a stop loss of Rs 392.
(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.)
At 11:30 am, the NSE Nifty index was trading 90 points down at 10,840, while the BSE Sensex was down 215 points at 36,012.
ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today’s afternoon trade:
Manas Jaiswal of manasjaiswal.com
Bharti Airtel is a 'Sell' call with a target price of Rs 305 and a stop loss of Rs 335.
United Spirits is a 'Sell' call with a target price of Rs 475 and a stop loss of Rs 510.
Havells India is a 'Sell' call with a target price of Rs 545 and a stop loss of Rs 586.
Chandan Taparia, AVP- technical & derivatives, Motilal Oswal Securities
HDFC Bank is a 'Buy' call with a target price of Rs 2,075 and a stop loss of Rs 1,970.
Hero MotoCorp is a 'Sell' call with a target price of Rs 2,820 and a stop loss of Rs 3,000.
JSW Steel is a 'Sell' call with a target price of Rs 364 and a stop loss of Rs 392.
(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.)
