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Last Updated : Jan 14, 2020 01:27 PM IST | Source: Moneycontrol.com

Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

Mitesh Thakkar of miteshthakkar.com recommends buying Bharti Airtel with a stop loss of Rs 461 for target of Rs 485 and GAIL India with a stop loss of Rs 125 for target of Rs 137.

Sensex closed 260 points, or 0.62 percent, higher at 41,859.69 while Nifty shut shop at 12,329.55, up 73 points, or 0.59 percent.

BSE Midcap and Smallcap indices outperformed Sensex, closing with gains of 0.87 percent and 0.95 percent, respectively.

According to the pivot charts, the key support level for Nifty is placed at 12,297.6, followed by 12,265.7. If the index continues moving up, key resistance levels to watch out for are 12,349.6 and 12,369.7.

Close

Nifty Bank closed 0.25 percent up at 32,177.65. The important pivot level, which will act as crucial support for the index, is placed at 32,060.3, followed by 31,942.9. On the upside, key resistance levels are placed at 32,308.9 and 32,440.1.

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

Ashwani Gujral of ashwanigujral.com

Buy VIP Industries with a stop loss of Rs 450, target of Rs 475

Buy Sobha with a stop loss of Rs 438, target of Rs 460

Buy Bandhan Bank with a stop loss of Rs 509, target of Rs 525

Buy Tata Elxsi with a stop loss of Rs 885, target of Rs 910

Buy L&T Finance Holdings with a stop loss of Rs 122, target of Rs 134

Sudarshan Sukhani of s2analytics.com

Buy Britannia Industries with stop loss at Rs 3010 and target of Rs 3150

Buy Cipla with stop loss at Rs 468 and target of Rs 495

Sell Cadila Healthcare with stop loss at Rs 261 and target of Rs 245

Mitesh Thakkar of miteshthakkar.com

Buy Bharti Airtel with a stop loss of Rs 461 for target of Rs 485

Buy GAIL India with a stop loss of Rs 125 for target of Rs 137

Buy Hindustan Unilever with a stop loss of Rs 1975 for target of Rs 2040

Buy NTPC with a stop loss of Rs 120 for target of Rs 126

DisclaimerThe views and investment tips expressed by investment experts on moneycontrol.com 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.​

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First Published on Jan 14, 2020 08:56 am
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