Top intraday trading ideas for afternoon trade for Thursday, 12 July 2018

NEW DELHI: Equity benchmarks Nifty50 and Sensex were on upward trajectories during Thursday's trade on gains in heavyweights, including Reliance Industries, HDFC Bank and HDFC.

Sensex touched its all-time high of 36,699.53, whereas Nifty topped 11,000-mark.

Around 12 am, the BSE Sensex was 1.18 per cent up at 36,693, while the NSE Nifty50 was 1.14 per cent up at 11,073.


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
India Cements is a 'Buy' call with a target price of Rs 120 and a stop loss of Rs 110.

DCB Bank is a 'Buy' call with a target price of Rs 195 and a stop loss of Rs 180.

MRF is a 'Buy' call with a target price of Rs 80,000 and a stop loss of Rs 76,500.

Pritesh Mehta, head-technical research, IIFL
KPIT Technologies is a 'Buy' call with a target price of Rs 310 and a stop loss of Rs 284.

GAIL (India) is a 'Buy' call with a target price of Rs 381 and a stop loss of Rs 348.

Adani Ports is a 'Buy' call with a target price of Rs 399 and a stop loss of Rs 365.

(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.)