Moneycontrol
Get App
Last Updated : Jun 01, 2018 09:07 AM IST | Source: Moneycontrol.com

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

Prakash Gaba of prakashgaba.com advises buying ACC with a target at Rs 1400.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

The Nifty50 picked up the pace in the last one hour of the trading session to reclaim 10,700 levels on Thursday which made a strong bullish candle on the daily candlestick charts. Traders are advised to remain long on the index and trade with a stop below 10,600.

The index manages to register a breakout above 10,700 levels but Nifty rollovers stood at 58 percent which was slightly below 72 percent recorded in April expiry and was lower than the 3-month average of 67.3 percent.

Analyst advise investors to remain cautious because despite witnessing a breakout the broader market closed in red, and the advance-decline ratio was also largely skewed in favour of bears. Follow up buying is required for an index to sustain momentum.

Close

Below is the list of top stock trading ideas which can give good returns in the short term:

Rajesh Agarwal of AUM Capital

Buy Power Finance Corporation with stop loss at Rs 78 and target at Rs 85

Buy ICICI Bank with stop loss at Rs 280 and target at Rs 294

Buy Multi Commodity Exchange of India with stop loss at Rs 830 and target at Rs 885

Buy Tech Mahindra with stop loss at Rs 693 and target at Rs 734

Buy Take Solutions with stop loss at Rs 241 and target at Rs 257

Prakash Gaba of prakashgaba.com

Buy ACC with stop loss at Rs 1330 and target at Rs 1400

Buy HUL with stop loss at Rs 1600 and target at Rs 1650

Buy L&T Infotech with stop loss at Rs 1710 and target at Rs 1780

Sell Bharat Electronics with stop loss at Rs 117 and target at Rs 110

Ashwani Gujral of ashwanigujral.com

Sell Bharat Forge with stop loss at Rs 660 and target at Rs 635

Sell HDFC Bank with stop loss at Rs 2150 and target at Rs 2080

Sell IRB Infra with stop loss at Rs 235 and target at Rs 220

Buy HUL with stop loss at Rs 1595 and target at Rs 1635

Buy Tech Mahindra with stop loss at Rs 700 and target at Rs 735

Hadrien Mendonca of IIFL

Buy L&T Technology Services with stop loss at Rs 1275 and target at Rs 1436

Buy Coal India with stop loss at Rs 283 and target at Rs 319

Buy IDFC Bank with stop loss at Rs 39 and target at Rs 45

Rahul Mohindar of viratechindia.com

Buy Bata India with stop loss at Rs 740 and target at Rs 850

Buy Yes Bank with stop loss at Rs 335 and target at Rs 365

Buy ITC with stop loss at Rs 264 and target at Rs 288

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 Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.
Get best insights into Options Trading. Join the webinar by Mr. Vishal B Malkan on May 28 only on Moneycontrol. Register Now!

First Published on Jun 1, 2018 08:31 am
Sections
Follow us on