Top intraday trading ideas for afternoon trade for Wednesday, 3 October 2018

NEW DELHI: Equity benchmarks Sensex and Nifty50 were in negative terrain around 11:45 am on Wednesday on selling in frontline bluechip counters.

Sustained capital outflow, surging crude oil prices and rupee's poor health weighed on market sentiment.

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
Mahindra & Mahindra is a 'Sell' call with a target price of Rs 790 and a stop loss of Rs 836.

Ambuja Cements is a 'Sell' call with a target price of Rs 202 and a stop loss of Rs 220.

Bharti Infratel is a 'Sell' call with a target price of Rs 240 and a stop loss of Rs 261.

Rahul Sharma, senior technical research analyst, Equity99
Tata Motors is a 'Buy' call with a target price of Rs 240 and a stop loss of Rs 225.

Mahindra & Mahindra Financial Services is a 'Buy' call with a target price of Rs 429 and a stop loss of Rs 405.

(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.)