Sensex on a recovery mode; top 20 intraday trading ideas

MUMBAI: The S&P BSE Sensex pared some of the losses in the afternoon trade, thanks to recovery in the index heavyweights such as ITC, BHEL, Tata Motors and State Bank of India (SBI).

At 2.55 p.m.; the 30-share index was quoting at 29,333, down 129.09 points or 0.44 per cent. The BSE benchmark touched a high of 29,462.09 and a low of 29,178.26 in trade today.

Stocks from oil & gas and technology sectors remained under pressure.


The NSE's barometer Nifty was at trading at 8,860.85, down 34.45 points, or 0.39 per cent. The 50-pack index touched a high of 8,899.95 and a low of 8,816.30 in trade today.

ET Now spoke to various experts. Here's what they recommended for today's trade:

Ashwani Gujral of ashwanigujral.com

Buy Jain Irrigation with a stop loss of Rs 64, for the target of Rs 78

Buy HDIL with a stoploss of Rs 118, for the target of Rs 130

Sell ICICI with a stoploss of Rs 335, for the target of Rs 318

Sell RIL with a stoploss of Rs 885, for the target of Rs 860

Mitesh Thacker of miteshthacker.com

Buy Glenmark with a stop loss of Rs 772, for the target of Rs 825

Buy Biocon with a stop loss of Rs 438, for the target of Rs 465

Buy TATA Global with a stop loss of Rs 157.50, for the target of Rs 170

JP power cmp 12.50 buy with a stop loss of Rs 12, for the target of Rs 13.8

Sandeep Wagle, Founder & CEO, Power My Wealth

Buy Apollo Hospital with a stop loss of Rs 1314, for the target of Rs 1395

Buy HDIL with a stop loss of Rs 119, for the target of Rs 127

Buy IDBI with a stop loss of Rs 70, for the target of Rs 81

Prakash Gaba, CFT, prakashgaba.com

Buy SBI with a stop loss of Rs 296, for the target of Rs 309

Sell Bharti Infratel with a stop loss of Rs 366, for the target of Rs 350

Sell Wipro with a stop loss of Rs 657, for the target of Rs 637

Sumeet Jain, Technical Analyst - CMT, SBICAP Securities

Buy BHEL with a stop loss of Rs 255 for the target of Rs 285

Buy Tata Steel with a stop loss of Rs 368 for the target of Rs 405

Buy HPCL with a stop loss of Rs 583 for the target of Rs 630

Gaurav Bissa, Derivatives Analyst, LKP Securities

Buy Godrej Industries with a stop loss of Rs 320, for the target of Rs 350

Buy HPCL with a stop loss of Rs 588, for the target of Rs 635

Sell Ambuja Cements with a stop loss of Rs 270, for target of Rs 225





(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)