Markets rangeboud: Top trading strategies

MUMBAI: The Sensex continued to remain rangebound with negative bias in line with Asian peers in absence of triggers. The market is expected to consolidate for the rest of the week and take cues from state elections results for direction.

At 12:30 p.m.; the 30-share index was at 20,812.34, down 42.58 points or 0.20 per cent. It touched a high of 20,854.57 and a low of 20,781.99 in trade today.

The Nifty was at 6,191.45, down 10.40 points or 0.17 per cent. It touched a high of 6,201.95 and a low of 6,180.05 in trade today.

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



Ashwani Gujral, Fund Manager, Ashwanigujral.com

Buy IGL with a stop loss of Rs 280 for target of Rs 295

Buy Bharti Airtel with a stop loss of Rs 330 for target of Rs 345

Buy PTC with a stop loss of Rs 62 for target of Rs 68



Mitesh Thacker, Technical Analyst, miteshthacker.com

Buy AB Nuvo with stop loss of Rs 1235 for target of Rs 1300

Buy Dish TV with stop loss of Rs 57 for target of Rs 64

Buy OBC with stop loss of Rs 187.50 for target of Rs 205



Sandeep Wagle, Founder & MD, APTART Technical Advisory Services

Buy Adani Power with stop loss of Rs 37 for target of Rs 43

Buy JP Associates with stop loss of Rs 54 for target of Rs 59

Sell L&T with stop loss of Rs 1060 for target of Rs 1030



Prakash Gaba, CFT, prakashgaba.com

Dish TV can climb to around Rs 62; keep stop loss of Rs 57

Infosys can climb to around Rs 3430; keep stop loss of Rs 3340

Wipro can climb to around Rs 500; keep stop loss of Rs 479



Hemen Kapadia,VP, KR Choksey Shares and Securities

Buy Adani Ports with stop loss of Rs 157 for target of Rs 166

Bharti Airtel with stop loss of Rs 331 for target of Rs 340

Buy Tata Power with stop loss of Rs 78 for target of Rs 84



Ankit Chaudhary, Senior Tech Analyst,Analyse India

Buy Mcleod Russel with stop loss of Rs 288 for target of Rs 325

Buy DLF with stop loss of Rs 148 for target of Rs 175

Buy Unitech with stop loss of Rs 16 for target of Rs 20

(The views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned)