Ashwani Gujral of ashwanigujral.com is of the view that one may sell ONGC with a stop loss of Rs 104, target of Rs 92
Indices continued their downfall on the third straight day and ended near day's low level on February 17 with Nifty below 12,100 level.
At close, the Sensex was down 202.05 points at 41,055.69, while Nifty down 67.70 points at 12,045.80.
Among sectors, PSU Bank shed 3 percent, while metal, pharma, infra and energy fell 1 percent each. BSE Midcap and Smallcap indices also declined 1 percent each.
The index closed below 12,050 and formed a bearish candle for the third straight session, as the closing was lower than the opening value.
In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:
Ashwani Gujral of ashwanigujral.com
Sell Bank of Baroda with a stop loss of Rs 86, target of Rs 78
Sell Punjab National Bank with a stop loss of Rs 55, target of Rs 47
Sell ONGC with a stop loss of Rs 104, target of Rs 92
Buy Manappuram Finance with a stop loss of Rs 164, target of Rs 178
Buy Titan with a stop loss of Rs 1,300, target of Rs 1,345
Mitesh Thakkar of miteshthakkar.com
Sell Hero MotoCorp with stop loss of Rs 2,320 for target of Rs 2,200
Sell Sun Pharma with a stop loss of Rs 415 for target of Rs 392
Sell Hindalco with a stop loss of Rs 193 for target of Rs 183
Buy Mahindra and Mahindra Financial Services with a stop loss of Rs 133 for target of Rs 124
Sudarshan Sukhani of s2analytics.com
Buy Nestle with target at Rs 17,000 and stop loss at Rs 16,100
Sell Petronet LNG with target at Rs 251 and stop loss at Rs 259
Sell Tata Chemicals with target at Rs 741 and stop loss at Rs 758
Sell IndusInd Bank with target at Rs 1,140 and stop loss at Rs 1,190Disclaimer: The 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.
Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now!