Top intraday trading ideas for afternoon trade for Monday, 6 August 2018

NEW DELHI: Equity benchmarks Sensex and Nifty50 were in positive terrain around 11:30 am on Monday on buying in select bank, auto, metal and energy stocks, including ICICI Bank, Reliance Industires, Maruti and Coal India.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today’s afternoon trade:

Manas Jaiswal of manasjaiswal.com

IDFC is a 'Buy' call with a target price of Rs 54 and a stop loss of Rs 48.

UPL is a 'Buy' call with a target price of Rs 690 and a stop loss of Rs 645.

IRB Infrastructure Developers is a 'Buy' call with a target price of Rs 213 and a stop loss of Rs 198.

Chandan Taparia, AVP- technical and derivatives, Motilal Oswal Securities
Jubilant Foodworks is a 'Buy' call with a target price of Rs 1,500 and a stop loss of Rs 1,420.

L&T Finance Holdings is a 'Buy' call with a target price of Rs 190 and a stop loss of Rs 176.

ITC is a 'Buy' call with a target price of Rs 320 and a stop loss of Rs 296.

(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.)