Top ten intraday trading ideas for afternoon trade for Monday, 6 February 2017

NEW DELHI: The NSE Nifty index was trading above 8,800-mark in the afternoon trade on Monday on account of buying in frontline bluechip counters amid firm global cues.

Among the 51 components in Nifty index, 31 were trading in green with Ambuja Cement gaining the most 4.65 per cent, followed by Lupin (up 3.77 per cent), ACC (up 3.74 per cent), ICICI Bank (up 3.05 per cent) and Sun Pharma (up 2.97 per cent).

On the other hand, Idea Cellular, Tech Mahindra, Coal India, Dr Reddy’s Labs and HCL Technologies were trading lower by 1.83 per cent, 0.93 per cent, 0.83 per cent, 0.75 per cent and 0.70 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
Jindal Steel (JSPL) is a 'Buy' call with a target of Rs 100 and a stop loss of Rs 88

Phisense.com
NCC is a 'Buy' call with a target of Rs 94 and a stop loss of Rs 82.90
Cipla is a 'Buy' call with a target of Rs 625 and a stop loss of Rs 598
M&M Financial is a 'Buy' call with a target of Rs 320 and a stop loss of Rs 294

Manish Hathiramani of Deen Dayal Invstments
Apollo Hospitals is a 'Buy' call with a target of Rs 1310 and a stop loss of Rs 1215
Axis Bank is a 'Buy' call with a target of Rs 510 and a stop loss of Rs 460
Cipla is a 'Buy' call with a target of Rs 630 and a stop loss of Rs 595

Motilal Oswal Securities
Petronet LNG is a 'Buy' call with a target of Rs 420 and a stop loss of Rs 372
Hero MotoCorp is a 'Buy' call with a target of Rs 3450 and a stop loss of Rs 3205
Jain Irrigation is a 'Buy' call with a target of Rs 103 and a stop loss of Rs 93

(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)