Equirus Securities said uncertainty regarding elections in 2019 might keep markets volatile.
Traders can accumulate the stock in a range of Rs 235-240 for the upside target of Rs 261 and a stop loss below Rs 220, says Shitij Gandhi of SMC Global Securities.
"The stock can be bought at current level and on dips to Rs 275 with a stop loss below Rs 264 and a target of Rs 330 levels," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.
Here is a list of top 5 stock ideas which could give up to 17% return in the short term.
The overall data is still running negative for the markets and we can see further selling pressure coming into the market which can drag Nifty towards 10100 levels in coming sessions.
Vijay Chopra of enochventures.com is of the view that one may buy Jet Airways with a target of Rs 835.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy SAIL with a target of Rs 87.40.
Vishvesh Chauhan of Monarch Networth Capital advises buying Bombay Burmah Trading Corporation with a target of Rs 1780.
Sameet Chavan of Angel Broking is of the view that one may buy TVS Motor with a target of Rs 322.
Aashish Tater of FortuneWizard.com is of the view that Shree Cements is the top bet and expects a rise by Rs 2000.
Shahina Mukadam, Independent Market Expert advises buying Zee Media Corporation with a target of Rs 24.
Currently IDFC is trading at 1.3 times the adjusted book but most of the private banks are trading more than two times the adjusted book. So, one is that once it gets converted into the bank, from 1.3 it will warrant a re-rating back closer to 2, says Dilip Bhat.
Gujarat Ambuja Exports looks interesting at these levels, says SP Tulsian of sptulsian.com.