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Last Updated : Mar 01, 2019 12:48 PM IST | Source:

Top buy and sell ideas by Ashwani Gujral, Mitessh Thakkar, Prakash Gaba for short term

Ashwani Gujral of recommends buying Motherson Sumi Systems with a stop loss of Rs 157, target of Rs 172, ONGC with a stop loss of Rs 144, target of Rs 158 and Voltas with a stop loss of Rs 562, target of Rs 578.

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The Nifty50 managed to settle the volatile expiry session as well as February series marginally lower on Thursday. Weak global cues weighed on the market sentiment, but hope of unlikely escalation of geopolitical tensions between India and Pakistan limited downside.

The index formed bullish candle which resembles a 'Bearish Belt Hold' kind of pattern on the daily charts.

A 'Bearish Belt Hold' pattern is formed when the opening price becomes the highest point of the trading day (intraday high) and the index declines throughout the trading day making up for the large body. The candle will either have a small or no upper shadow and a small lower shadow.


The Nifty50 opened sharply higher at 10,865.70, which was also an intraday high, but immediately fell and remained rangebound between 10,785 to 10,850 zones for rest of the February settlement day. It closed 14.20 points lower at 10,792.50 on February 28 and lost 0.4 percent in February series.

Experts said VIX has to cool down below 16-15 zones to get the smooth ride in the market else restricted upside could continue to keep pressure on the


In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:

Ashwani Gujral of

Buy Motherson Sumi Systems with a stop loss of Rs 157, target of Rs 172

Buy ONGC with a stop loss of Rs 144, target of Rs 158

Buy Voltas with a stop loss of Rs 562, target of Rs 578

Buy Titan Company with a stop loss of Rs 1010, target of Rs 1065

Buy Reliance Industries with a stop loss of Rs 1215, target of Rs 1265

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

Mitessh Thakkar of

Buy Bharat Electronics with a stop loss of Rs 81 and target of Rs 86

Sell Eicher Motors with a stop loss of Rs 21250 and target of Rs 20100

Sell HDFC Bank with a stop loss of Rs 2091 and target of Rs 2050

Buy Voltas with a stop loss of Rs 554 and target of Rs 590

Prakash Gaba of

Buy Allahabad Bank with target at Rs 53 and stop loss at Rs 47

Buy Apollo Tyres with target at Rs 225 and stop loss at Rs 215

Buy Havells India with target at Rs 730 and stop loss at Rs 703

Sell Adani Enterprises with target at Rs 122 and stop loss at Rs 132

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

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First Published on Mar 1, 2019 08:23 am
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