'BUY' OR 'SELL' ideas by experts for closing trade

NEW DELHII: The BSE Sensex pulled back in the positive terrain taking cues from recovery in the European peers. The upmove was supported by gains in oil & gas, auto and capital goods stocks while realty and banks continued to remain under pressure.

"The 50-share Nifty index has a strong support at 4,950 levels, below which markets may face a bout of strong selling," said Kunal Saraogi, CEO, Equityrush.

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ET Now spoke to various analysts and here's what they have to recommend for closing trade:

Ashwani Gujral of Ashwanigujral. com

Mahindra & Mahindra Ltd is a 'BUY' call with a target of Rs 850 with a stop loss of Rs 765

GSFC is a 'BUY' call with a target of Rs 460 with a stop loss of Rs 400

Lupin Ltd is a 'BUY' call with a target of Rs 520 with a stop loss of Rs 460

Brokerage Call:

HSBC upgraded MTNL Ltd to "Neutral' from a 'SELL' rating earlier with a target price of Rs 39.

Daiwa maintains 'Outperform' rating for Sterlite Industries Ltd with a target price of Rs 157 revised from Rs 190 earlier.

UBS maintains 'Neutral' on Bajaj Auto Ltd but has increased its target price to Rs 1700.

Macquarie report on India's Healthcare sector:

Fortis Healthcare Ltd is initiated as an 'Outperformer' with a target of Rs 180

Opto Circuits Ltd is initiated as an 'Outperformer' with a target of Rs 325

Apollo Hospitals Ltd is initiated as an 'Outperformer' with a target of Rs 645

Mitesh Thacker of miteshthacker. com

Ambuja Cement Ltd is a 'BUY' call with a target of Rs 144 and a stop loss of Rs 135.00

Reliance Industries Ltd is a 'BUY' call with a target of Rs 833 and a stop loss of Rs 786

Wipro Ltd is a 'BUY' call with a target of Rs 308 and a stop loss of Rs 330

Educomp Solutions Ltd is a 'BUY' call with a target of Rs 225 and a stop loss of Rs 210