Top ten intraday trading ideas for afternoon trade for Tuesday, 10 January 2017

NEW DELHI: The Nifty50 index continued to trade above 8,250-mark in noon trade on Tuesday on account of buying in frontline bluechip counters.

Among the 50 components in Nifty index, 32 were trading in green with Hindalco gaining the most 3.73 per cent, followed by Tata Motors (up 2.55 per cent), BPCL (up 2.01 per cent) and Adani Ports (up 1.51 per cent).

On the other hand, Eicher Motors, IndusInd Bank, Axis Bank, Ambuja Cement and Power Grid were down by 1.17 per cent, 1.10 per cent, 1.05 per cent, 0.90 per cent and 0.62 per cent, respectively.

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

Microsec Capital
Prakash Industries is a 'Buy' call with a target of Rs 58 and a stop loss of Rs 51
NOCIL is a 'BUY' call with a target of Rs 76 and a stop loss of Rs 72

ICICI Direct
Maruti Suzuki is a 'Buy' call with a target of Rs 6000 and a stop loss of Rs 5470
Punjab National Bank is a 'Buy' call with a target of Rs 134 and a stop loss of Rs 112
Hindustan Zinc is a 'Buy' call with a target of Rs 304 and a stop loss of Rs 253

Choice Broking
HCL Tech is a 'Buy' call with a target of Rs 890 and a stop loss of Rs 815
IDBI Bank is a 'Buy' call with a target of Rs 80 and a stop loss of Rs 71
Arvind is a 'Buy' call with a target of Rs 390 and a stop loss of Rs 357

RK Global
Adani Power is a 'Buy' call with a target of Rs 35 and a stop loss of Rs 32
InterGlobe Aviation is a 'Buy' call with a target of Rs 890 and a stop loss of Rs 836

(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)