By CNBC-TV18
The Nifty futures on the Singaporean stock exchange were trading lower by around 53 points at 10433, a fall of around 0.51 percent. This indicates that the domestic market is likely to open on a negative note.
Moneycontrol.com has collated a list of trading ideas from top market experts which one can take cues for better returns:
Ashwani Gujral of ashwanigujral.com
Buy Steel Authority of India with a stop loss of Rs 84, target of Rs 96
Buy BF Utilities with a stop loss of Rs 474, target of Rs 500
Buy Engineers India with a stop loss of Rs 188, target of Rs 202
Buy State Bank of India with a stop loss of Rs 320, target of Rs 335
Buy Raymond with a stop loss of Rs 968, target of Rs 990
Mitessh Thakkar of miteshthacker.com
Sell Colgate Palmolive with a stop loss of Rs 1048 for target of Rs 1008
Buy Jain Irrigation around Rs 108 with stop loss of Rs 104 for target of Rs 117
Buy Karnataka Bank with a stop loss of Rs 163 for target of Rs 180
Sell RBL Bank with a stop loss of Rs 527 for target of Rs 505
Buy Tata Motors DVR above Rs 250 with stop loss of Rs 244 for target of Rs 265
Prakash Gaba of prakashgaba.com
Buy Bajaj Finance with target of Rs Rs 1880, stop loss at Rs 1800
Buy IndusInd Bank with target at Rs 1700, stop loss at Rs 1650
Aurobindo Pharma is looking good and can climb levels closer to Rs 820 zone. Keep stop loss below Rs 790."
Second trade is Wockhardt, my target is Rs 710. I would again modify to around Rs 720 zone and just move the stop loss as well to around Rs 685 zone.
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