Top ten intraday trading ideas for afternoon trade for Friday, 11 November 2016

NEW DELHI: The Nifty50 index continued to trade below the crucial 8,400-mark in the late morning trade on account of subdued global cues. In the 50-share index, Asian Paints, Hero MotoCorp, HDFC, Bosch and Bajaj Auto were down between 2.25 per cent and 3.90 per cent. Tata Steel, Bank of Baroda, Hindalco, State Bank of India and Cipla were up between 7.80 per cent and 10 per cent.

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

Jay Thakkar, senior technical analyst at Sharekhan
Astra Microwave Products is a 'BUY' call with a target of Rs 165 and a stop loss of Rs 105
Axis Bank is a 'Buy' call with a target of Rs 550 and a stop loss of Rs 480
SPARC is a 'Buy' call with a target of Rs 358 and a stop loss of Rs 318

Milan Vaishnav, CMT, Consultant Technical Analyst, Gemstone Equity Research

Asian Paints is a 'Buy' call with a target price of Rs 1,095 and a stop loss of Rs 970

Shrikant Chouhan, senior vp-technical research, Kotak Securities
Dish TV is a 'Buy' call with a target of Rs 96 and a stop loss of Rs 89
Canara Bank is a 'Buy' call with a target of Rs 340 and a stop loss of Rs 314
Tata Motors is a 'Sell' call with a target of Rs 505 and a stop loss of Rs 545

Sarvendra Srivastava of Phisense.com
PNB is a 'Buy' call with a target of Rs 168 and a stop loss of Rs 154.90
BHEL is a 'Buy' call with a target of Rs 149 and a stop loss of Rs 137.80
Hero MotoCorp Nov Fut is a 'Sell' call with a target of Rs 2,961 and a stop loss of Rs 3106.60

(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.)