The Nifty futures on the Singaporean stock exchange were trading lower by around 364 points at 10,331, a fall of around 3.41 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:
Mitessh Thakkar of miteshthacker.com
Sell Mangalore Refinery and Petrochemicals with a stop loss of Rs 121.50 for target of Rs 109
Sell Shree Cement with a stop loss of Rs 16,960 and target of Rs 16,000
Sell Siemens with a stop loss of Rs 1290 and target of Rs 1230
Sell Britannia Industries with a stop loss of Rs 4670 for target of Rs 4500
Sell GAIL India with a stop loss of Rs 474 for target of Rs 440
Sell Britannia Industries around Rs 4500 with stop loss of Rs 4615 and target of Rs 4300
Buy Reliance Industries around Rs 885 with stop loss of Rs 870 and target of Rs 910
Prakash Gaba of prakashgaba.com
Buy Tata Motors with target at Rs 410 and stop loss at Rs 392
Buy Tech Mahindra with target at Rs 645 and stop loss at Rs 622
Sell Jubliant Foodworks with target at Rs 1900 and stop loss at Rs 2000
Sell Larsen & Toubro with target at Rs 1325 and stop loss at Rs 1386
Escorts can climb to around Rs 900, keep stop loss at Rs 840
Tech Mahindra can climb to around Rs 640, keep stop loss at Rs 610
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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