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Tuesday, November 11, 2014

Nifty trades comfortably above 8400; top 20 intraday trading ideas - Economic Times

NEW DELHI: The 50-share Nifty index surged as much as 51 points in trade on Wednesday to hit its fresh lifetime high of 8414.05, following positive trend in other Asian markets.

Tracking the momentum, the S&P BSE Sensex also managed to rally as much as 216 points in trade to hit its fresh record high of 28126.48, led by gains in ICICI Bank, Tata Motors, HDFC, ITC and TCS.


At 11:30 a.m.; the 50-share index was at 8,413.90, up 50 points or 0.60 per cent. It touched a record high of 8,415.05 and a low of 8,377.95 in early trade.


The S&P BSE Sensex was at 28,105.23, up 195 points or 0.70 per cent. It touched a record high of 28,126.46 and a low of 27,958.64 in early trade.


ET Now spoke to various experts and here's what they have to recommend for today's trade:


Ashwani Gujral of ashwanigujral.com


Ashok Leyland Ltd is a 'BUY' call with a target of Rs 56 and a stop loss of Rs 48


Maruti Suzuki Ltd is a 'BUY' call with a target of Rs 3420 and a stop loss of Rs 3300


ITC Ltd is a 'BUY' call with a target of Rs 378 and a stop loss of Rs 362


Havells India Ltd is a 'BUY' call with a target of Rs 321 and a stop loss of Rs 300


Mitesh Thacker of miteshthacker.com


Century Textiles Ltd is a 'BUY' call with a target of Rs 695 and a stop loss of Rs 580


Tata Motors Ltd is a 'BUY' call with a target of Rs 340 and a stop loss of Rs 325


TCS Ltd is a 'BUY' call with a target of Rs 2670 and a stop loss of Rs 2570


Bajaj Auto Ltd is a 'BUY' call with a target of Rs 2665 and a stop loss of Rs 2574


Sandeep Wagle, Founder & CEO, Power My Wealth


Adani Ports Ltd is a 'BUY' call with a target of Rs 313 and a stop loss of Rs 298


Yes Bank Ltd is a 'BUY' call with a target of Rs 705 and a stop loss of Rs 680


Aurobindo Pharma Ltd is a 'BUY' call with a target of Rs 1095 and a stop loss of Rs 1050


Prakash Gaba, CFT, prakashgaba.com


Adani Ports Ltd is a 'BUY' call with a target of Rs 318 and a stop loss of Rs 296


Apollo Tyres Ltd is a 'BUY' call with a target of Rs 250 and a stop loss of Rs 233


Aurobindo Pharma Ltd is a 'BUY' call with a target of Rs 1120 and a stop loss of Rs 1030


Rakesh Bansal, VP - R K Global


Karnataka Bank is a 'BUY' call with a target of Rs 148 and a stop loss of Rs 129


Eicher Motors Ltd is a 'BUY' call with a target of Rs 13550 and a stop loss of Rs 12630


ACC Ltd is a 'BUY' call with a target of Rs 1573 and a stop loss of Rs 1483


Siddhartha Chatterjee, Trustline Securities


Info Edge Ltd is a 'BUY' call with a target of Rs 971 and a stop loss of Rs 941


Capital First Ltd is a 'BUY' call with a target of Rs 370 and a stop loss of Rs 359


Granules India Ltd is a 'BUY' call with a target of Rs 771 and a stop loss of Rs 741


(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)



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