Top eight intraday trading ideas for afternoon trade for Friday, 27 January 2017

NEW DELHI: The NSE Nifty index was trading above 8,650-mark in the afternoon trade on Friday on account of buying in frontline bluechip counters amid mixed global cues.

Among the 51 components in Nifty index, 38 were trading in green with Kotak Mahindra Bank gaining the most 6.80 per cent, followed by Bosch (up 4.62 per cent), BPCL (up 4.51 per cent), Bank of Baroda (up 4.33 per cent) and Adani Ports (up 3.87 per cent).

On the other hand, Wipro, Bharti Airtel, HCL Technologies, Infosys and Aurobindo Pharma were trading lower by 1.35 per cent, 1.33 per cent, 1.20 per cent, 0.95 per cent and 0.93 per cent, respectively.

ETMarkets.com has collated a list of trading ideas from various experts and here's what they had recommended:

Kunal Bothra, Independent market analyst
Adani Enterprises is a 'Buy' call with a target of Rs 92 and a stop loss of Rs 78
ACC is a 'Buy' call with a target of Rs 1500 and a stop loss of Rs 1390
PNB is a 'Buy' call with a target of Rs 150 and a stop loss of Rs 132

Nirmal Bang Securities
Just Dial is a 'Buy' call with a target of Rs 384 and a stop loss of Rs 360

Reliance Securities
Cipla is a 'Buy' call with a target of Rs 594 and a stop loss of Rs 573
STAR is a 'Buy' call with a target of Rs 1145 and a stop loss of Rs 1100

Amit Harchekar of A PLUS Analytics
Lupin is a 'Sell' call with a target of Rs 1450 and a stop loss of Rs 1545
HDIL is a 'Sell' call with a target of Rs 59.50 and a stop loss of Rs 65.50

(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned)