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Buy or sell: Top stock trading ideas by market experts which are good short term bets

Rajesh Agarwal of AUM Capital recommends buying Aurobindo Pharma with stop loss at Rs 612 and target of Rs 645, Bandhan Bank with stop loss at Rs 545 and target of Rs 575 and Marico with stop loss at Rs 335 and target of Rs 349.

July 04, 2018 / 07:56 IST
     
     
    26 Aug, 2025 12:21
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    The Nifty opened above its previous closing levels at 10,668.60 but the correction in Asian peers forced it to hit an intraday low of 10,630.25. The follow through buying and recovery in Asian counterparts then helped it regain strength in the morning itself to hit an intraday high of 10,713.30 before it finally closed 42.60 points higher at 10,699.90.

    India VIX fell down up by 2.77 percent at 13 levels. Lower volatility indicates limited downside and decline is being bought.

    According to Pivot charts, the key support level is placed at 10,648.97, followed by 10,598.03. If the index starts moving upwards, key resistance levels to watch out are 10,732.07 and 10,764.23.

    The Nifty Bank index closed at 26,204.1 on Tuesday. The important Pivot level, which will act as crucial support for the index, is placed at 26,125.37, followed by 26,046.63. On the upside, key resistance levels are placed at 26,299.47, followed by 26,394.83.

    Here are the top stock trading ideas which can give good returns in the near term:

    Shitij Gandhi of SMC Global

    Buy Seamec with target at Rs 307 and stop loss at Rs 249

    Buy Berger Paints with target at Rs 315 and stop loss at Rs 265

    Buy Jyothy Laboratories with target at Rs 271 and stop loss at Rs 215

    Rajesh Agarwal of AUM Capital

    Buy Aurobindo Pharma with stop loss at Rs 612 and target of Rs 645

    Buy Bandhan Bank with stop loss at Rs 545 and target of Rs 575

    Buy Marico with stop loss at Rs 335 and target of Rs 349

    Buy Exide Industries with stop loss at Rs 257 and target of Rs 269

    Buy Just Dial with stop loss at Rs 555 and target of Rs 583

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com/CNBC-TV18 are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Jul 4, 2018 07:56 am

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