Top eight intraday trading ideas for afternoon trade for Monday, 19 December 2016

NEW DELHI: The Nifty50 index was trading below 8,120-mark in noon trade on Monday on account of some selling in frontline bluechip counters. Among the 50 components in Nifty index, 31 were trading in red with Bharti Infratel falling the most 1.73 per cent, followed by Adani Ports (down 1.52 per cent), Asian Paints (down 1.48 per cent), Bosch (down 1.37 per cent) and Sun Pharma (down 1.33 per cent). On the other hand, Aurobindo Pharma, GAIL, Tata Power, ICICI Bank and Cipla were up 2.18 per cent, 2.12 per cent, 1.11 per cent, 0.96 per cent and 0.93 per cent, respectively.

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

Mandar Jamsandekar, Precision Technical Analysis

GSFC is a 'Buy' call with a target of Rs 105 and a stop loss of Rs 90
Sonata Software is a 'Buy' call with a target of Rs 198 and a stop loss of Rs 189

Sacchitanand Uttekar, Motilal Oswal
Infosys is a 'Buy' call with a target of Rs 1,080 and a stop loss of Rs 970
Bajaj Auto is a 'Buy' call with a target of Rs 2,760 and a stop loss of Rs 2,625
Power Grid is a 'Buy' call with a target of Rs 213 and a stop loss of Rs 171
ACC is a 'Sell' call with a target of Rs 1,240 and a stop loss of Rs 1,320

Microsec Capital
Glenmark Pharma is a 'Buy' call with a target of Rs 974 and a stop loss of Rs 887
ABB is a 'Buy' call with a target of Rs 1094 and a stop loss of Rs 1048

(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)