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

NEW DELHI: The NSE Nifty index was trading 48 points up at 8,945 in the noon trade on Monday following mixed global cues.

Among the 51 components in Nifty index, 36 were trading in green with Reliance Industries gaining the most 3.66 per cent, followed by IndusInd Bank (up 2.20 per cent), Power Grid (up 1.96 per cent), Asian Paints (up 1.39 per cent) and Kotak Mahindra Bank (up 1.17 per cent).

On the other hand, Grasim, Tech Mahindra, Sun Pharma, TCS and Idea Cellular were trading lower by 1.54 per cent, 1.51 per cent, 1.38 per cent, 1.36 per cent and 1.31 per cent, respectively.

ETMarkets.com has collated a list of trading ideas from various experts and here's what they recommend:

Kunal Bothra, independent market analyst
Indo Count is a 'Buy’ call with a target of Rs 170 and a stop loss of Rs 160
Eicher Motors is a 'Buy’ call with a target of Rs 24,200 and a stop loss of Rs 22,800

Reliance Securities
Cipla is a 'Buy’ call with a target of Rs 597 and a stop loss of Rs 579
UltraTech Cement is a 'Sell’ call with a target of Rs 3,760 and a stop loss of Rs 3,865

Mandar Jamsandekar of Precision Technicals
Hindalco is a 'Buy’ call with a target of Rs 204 and a stop loss of Rs 195
Arvind is a 'Buy’ call with a target of Rs 398 and a stop loss of Rs 387
Tata Communications is a 'Buy’ call with a target of Rs 756 and a stop loss of Rs 746

Amit Harchekar of aplusanalytics.com
Kotak Mahindra Bank is a 'Buy’ call with a target of Rs 860 and a stop loss of Rs 795
HDFC Bank is a 'Buy’ call with a target of Rs 1450 and a stop loss of Rs 1355
Hero MotoCorp is a 'Buy’ call with a target of Rs 3385 and a stop loss of Rs 3190

(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)