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

The Nifty 50 saw a strong gap opening at 10,405.85, but erased all gains in the morning and turned volatile. The index then slipped into the red in last hour of trade to hit an intraday low of 10,224. It closed below the immediate support levels, down 58.20 points lower at 10,245.30.

India VIX moved up by 7.87 percent to 21.34. The spurt in volatility suggests upside could be restricted. Recent high of VIX is at 21.76 and above that it could even head towards 24 levels.

According to Pivot charts, the key support level is placed at 10,176.63, followed by 10,108.07. If the index starts moving upwards, key resistance levels to watch out are 10,361.13 and then 10,477.07.

The Nifty Bank index closed at 25,078.60, down 7.20 points on Monday. The important Pivot level, which will act as crucial support for the index, is placed at 24,898.34, followed by 24,718.07. On the upside, key resistance levels are placed at 25,381.84, followed by 25,685.07.

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

Jayant Manglik of Religare Broking

Buy Aurobindo Pharma with target at Rs 820 and stop loss at Rs 730

Sell Canara Bank Nov Futures with target at Rs 198 and stop loss at Rs 224

Sell ONGC Nov Futures with target at Rs 148 and stop loss at Rs 166

Rajesh Agarwal of AUM Capital

Buy ICICI Bank with stop loss at Rs 320 and target of Rs 335

Buy Hindustan Oil Exploration with stop loss at Rs 138 and target of Rs 146

Buy Torrent Pharma with stop loss at Rs 1580 and target of Rs 1630

Buy Bharat Heavy Electricals with stop loss at Rs 72 and target of Rs 77

Buy Syngene International with stop loss at Rs 582 and target of Rs 610

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