'BUY' OR 'SELL' ideas by experts for Wednesday, November 2nd

NEW DELHI: Indian markets are expected to be under pressure throughout the day on Wednesday tracking negative global cues.

"The 50-share Nifty index is likely to find support close to 5,200 levels below which markets will again get into a bear grip and may slide precipitously," said Kunal Saraogi, CEO, Equityrush.

"Traders need to be circumspect at the current levels and beware of selling too aggressively as any positive news on the global front will cause the markets to turn again. Markets are likely to be volatile going forward," added Kunal.

Equityrush Recommendations:

Onmobile is a 'SELL' call with a stop loss above Rs 58 and a target of Rs 54

JP Power is a 'SELL' call with a stop loss above Rs 37.70 and a target of Rs 35

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

Ashwani Gujral of ashwanigujral. com

Havells India Ltd is a 'BUY' call with a target of Rs 420 and a stop loss of Rs 355

Ipca Laboratories Ltd is a 'BUY' call with a target of Rs 320 and a stop loss of Rs 245

Reliance Infrastructure Ltd is a 'SELL' call with a target of Rs 410 and a stop loss of Rs 460

Bajaj Auto Ltd is a 'BUY' call with a target of Rs 1850 and a stop loss of Rs 1650

Crisil Ltd is a 'BUY' call with a target of Rs 1050 and a stop loss of Rs 875

Brokerage Calls:

Stock calls on Punjab National Bank:

Goldman Sachs reiterated 'BUY' with a target price of Rs 1300

JPMorgan retains 'Overweight' with a target price of Rs 1200

UBS maintains 'SELL' with a target price of Rs 980

Macquarie maintains 'Underperform' with a target price of Rs 880

RBS maintains 'BUY' with a target price of Rs 1340

Morgan Stanley retains 'Underweight' with a target price of Rs 810

CLSA maintains 'Underperform' with a target price of Rs 980

Other Brokerage Calls:

Deutsche Bnak recommends 'BUY' on Exide Industries Ltd with a target price of Rs 140

Goldman Sachs maintains ACC a 'SELL' call with a target price of Rs 940

Macquarie maintains HPCL at 'Outperform' with a target price of Rs 499

Macquarie maintains Hindustan Unilever at 'Underperform' with a target price of Rs 340

Merrill Lynch reiterates Divi's Lab at 'BUY' with a target price of Rs 960

Merrill Lynch retains Ambuja Cement at 'Underperform' with a target price of Rs 105

Mitesh Thacker of miteshthacker. com

Hexaware Technologies Ltd is a 'SELL' call with a target of Rs 81.00 and a stop loss of Rs 90.50

Colgate-Palmolive India Ltd is a 'BUY' call with a target of Rs 1150 and a stop loss of Rs 999

PFC Ltd is a 'BUY' call with a target of Rs 164 and a stop loss of Rs 149

Titan Industries Ltd is a 'SELL' call with a target of Rs 205 and a stop loss of Rs 219

Oil India is a 'SELL' call with a target of Rs 1220 and a stop loss of Rs 1300