Sensex tests 26000; top 20 intraday trading ideas

The 50-share Nifty index which came under pressure, also managed to bounce back from lows and was trading above its crucial psychological support level of 7750.

Sensex tests 26000; top 20 intraday trading ideas
NEW DELHI: The S&P BSE Sensex managed to recoup losses and managed to bounce back nearly 100 points in trade on Friday, led by gains in ICICI Bank, HDFC Bank, ITC and M&M.

Tracking the momentum, the 50-share Nifty index which came under pressure, also managed to bounce back from lows and was trading above its crucial psychological support level of 7750.

At 2:37 p.m.; the 30-share index was at 26,196.29, up 196.95 points. The Nifty was at 7,804.5, up 56.30 points.

ET Now spoke to various experts and here's what they have to recommend for today's trade:


Ashwani Gujral of ashwanigujral.com

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India Cements Ltd is a 'SELL' call with a target of Rs 92 and a stop loss of Rs 106

JSPL is a 'SELL' call with a target of Rs 142 and a stop loss of Rs 154

MindTree Ltd is a 'SELL' call with a target of Rs 945 and a stop loss of Rs 990

ZEE Entertainment Ltd is a 'BUY' call with a target of Rs 335 and a stop loss of Rs 314

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Mitesh Thacker of miteshthacker.com

BHEL is a 'BUY' call with a target of Rs 235 and a stop loss of Rs 218
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Hero MotoCorp Ltd is a 'SELL' call with a target of Rs 2690 and a stop loss of Rs 2832

ITC Ltd is a 'BUY' call with a target of Rs 370 and a stop loss of Rs 352

Maruti Suzuki Ltd is a 'SELL' call with a target of Rs 2840 and a stop loss of Rs 2951


Sandeep Wagle, Founder & CEO, Power My Wealth

UPL Ltd is a 'SELL' call with a target of Rs 305 and a stop loss of Rs 321

Century Textiles Ltd is a 'SELL' call with a target of Rs 485 and a stop loss of Rs 501

Apollo Tyres Ltd is a 'SELL' call with a target of Rs 194 and a stop loss of Rs 209.50


Prakash Gaba, CFT, prakashgaba.com

CESC is a 'SELL' call with a target of Rs 650 and a stop loss of Rs 695

Hindalco Industries Ltd is a 'SELL' call with a target of Rs 135 and a stop loss of Rs 144

Sesa Sterlite is a 'SELL' call with a target of Rs 220 and a stop loss of Rs 241


Ankit Chaudhary, Senior Tech Analyst, Analyse India

Hindustan Zinc Ltd is a 'BUY' call with a target of Rs 175 and a stop loss of Rs 150

Tata Power Ltd is a 'SELL' call with a target of Rs 74 and a stop loss of Rs 88

UCO Bank is a 'SELL' call with a target of Rs 68 and a stop loss of Rs 81


V.N. Giri, Vice President - Research at Kantilal Chhaganlal Securities Pvt.Ltd

AXIS Bank is a 'BUY' call with a target of Rs 428 and a stop loss of Rs 389

NMDC Ltd is a 'BUY' call with a target of Rs 169 and a stop loss of Rs 154

OFSS is a 'BUY' call with a target of Rs 3300 and a stop loss of Rs 3150

(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.)

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