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

Indian markets witnessed a breakout on May 27 as the bulls pushed the S&P BSE Sensex by over 1,000 points to close above 31,000 while the Nifty reclaimed the vital 9,300 level.

Trends on SGX Nifty indicate a positive opening for the index in India with a 58 points gain. The Nifty futures were trading at 9,355 on the Singaporean Exchange.

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

Ashwani Gujral of ashwanigujral.com

Buy Reliance Industries with a stop loss of Rs 1,420, target at Rs 1,500

Buy HDFC Bank with a stop loss of Rs 890, target at Rs 925

Buy Kotak Mahindra Bank with a stop loss of Rs 1,200, target at Rs 1,260

Buy UPL with a stop loss of Rs 390, target at Rs 405

Buy BPCL with a stop loss of Rs 320, target at Rs 345

Sudarshan Sukhani of s2analytics.com

Buy Bata India with a stop loss of Rs 1,285, target at Rs 1,350

Buy Bharti Airtel with a stop loss of Rs 550, target at Rs 580

Buy Reliance Industries with a stop loss of Rs 1,430, target at Rs 1,470

Sell ICICI Prudential with a stop loss of Rs 362, target at Rs 345

Mitessh Thakkar of mitesshthakkar.com

Buy Canara Bank with a stop loss of Rs 80, target at Rs 90

Buy ICICI Bank with a stop loss of Rs 307, target at Rs 340

Buy HDFC with a stop loss of Rs 1,554, target at Rs 1,620

Buy State Bank of India with a stop loss of Rs 155, target at Rs 167

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