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

The sharp rebound after correction indicated the market may be heading for higher levels at around 11,450-11,500 levels but the may see some consolidation before moving towards these levels, experts said.

According to Pivot charts, the key support level is placed at 11,314.2, followed by 11,267.6. If the index starts moving upwards, key resistance levels to watch out are 11,387.7 and 11,414.6.

The Nifty Bank index closed at 27,695.50, up 339.55 points on Friday. The important Pivot level, which will act as crucial support for the index, is placed at 27,521.47, followed by 27,347.43. On the upside, key resistance levels are placed at 27,796.27, followed by 27,897.04.

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

Dinesh Rohira of 5nance.com

Buy JK Paper with target at Rs 167 and stop loss at Rs 135

Buy Sical Logistics with target at Rs 203 and stop loss at Rs 174

Sell Redington (India) with target of Rs 98 and stop loss at Rs 115

Rajesh Agarwal of AUM Capital

Buy Indo Count Industries with stop loss at Rs 83 and target of Rs 90

Buy Axis Bank with stop loss at Rs 560 and target of Rs 595

Buy Reliance Nippon Life with stop loss at Rs 262 and target of Rs 278

Buy HDFC with stop loss at Rs 1940 and target of Rs 2020

Buy Godawari Power with stop loss at Rs 427 and target of Rs 458

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.