'BUY' OR 'SELL' ideas by experts for today's trade

NEW DELHI: Indian markets are expected to continue the positive momentum on Tuesday following a pledge by European leaders to defend the region's banks against a continent-wide debt crisis.

"With a gap-up opening, the stocks which have been leading their way into this rally would continue to show strength, also the weaker stocks would also witness some short covering in the coming few trading sessions," said Kunal Bothra, Senior Technical Analyst, Manager Advisory, LKP Securities.

"Once the market shows strong rally, the beaten down sectors and stocks, would be the first to show strength and positive momentum, and that is what the markets have shown in the last two days of rally," added Kunal.

Recommendations from LKP Securities Ltd

VIP Industries Ltd is a 'BUY' call with a target of Rs 936 and a stop loss of Rs 916

Aban Offshore Ltd is a 'BUY' call with a target of Rs 390 and a stop loss of Rs 355

For more Views & Recommendations please click here

ET Now spoke to various experts and here's what they have to suggest for today's trade:

Mitesh Thacker of miteshthacker. com

Alok Industries Ltd is a 'BUY' call with a target of Rs 20.30 and a stop loss of Rs 18.20

HCL Technologies Ltd is a 'BUY' call with a target of Rs 426 and a stop loss of Rs 406

ONGC is a 'BUY' call with a target of Rs 287 and a stop loss of Rs 266

IOC is a 'SELL' call with a target of Rs 302 and a stop loss of Rs 320

Ultratech Cement Ltd is a 'SELL' call with a target of Rs 1040and a stop loss of Rs 1110

Brokerage Calls:

BofAML initiates 'BUY' on DISH TV Ltd with a price target of Rs 97

BofAML maintains 'BUY' on Maruti Suzuki Ltd with a price target of Rs 1460

Goldman Sachs re-iterate 'BUY' on Tata Power Ltd with a revised price target of Rs 135 from Rs 141

JPMorgan maintains 'Overweight' on Sintex Industries Limited with a price target of Rs 250

Ashwani Gujral of ashwanigujral. com

DLF Ltd is a 'BUY' call with a target of Rs 250 and a stop loss of Rs 210

Pantaloon Retail Ltd is a 'BUY' call with a target of Rs 205 and a stop loss of Rs 180

Delta Corp Ltd is a 'BUY' call with a target of Rs 105 and a stop loss of Rs 90

Aban Offshore Ltd is a 'BUY' call with a target of Rs 400 and a stop loss of Rs 354

Bata India Ltd is a 'BUY' call with a target of Rs 700 and a stop loss of Rs 625