Top 19 trading ideas from ET NOW experts for Wednesday, January 30

NEW DELHI: Indian markets are moving in a narrow range with a positive bias on Wednesday, supported by strong buying activity in Consumer durable, realty and Oil & gas stocks.

At 11:30 a.m.; the 50-share index was at 6,057, up 7.8 points or 0.13 per cent. It touched a high of 6,071.95 and a low of 6,053.30 in trade today.

The Sensex was at 20,021, up 28 points or 0.14 per cent. The index touched a high of 20,073.46 and a low of 20,000.32 in trade today.

ET Now spoke to various experts for their top 19 ideas for today:

Mitesh Thacker of miteshthacker.com
Jubilant FoodWorks Ltd is a ‘SELL’ call with a target of Rs 1145 and a stop loss of Rs 1214.

Aurobindo Pharma Ltd is a ‘SELL’ call with a target of Rs 170 and a stop loss of Rs 189.

BPCL is a ‘BUY’ call with a target of Rs 435 and a stop loss of Rs 410.

L&T Ltd is a ‘BUY’ call with a target of Rs 1648 and a stop loss of Rs 1580.
Shardul Kulkarni, senior technical analyst at Angel Broking
BHEL is a ‘SELL’ call with a target of Rs 210 and a stop loss of Rs 226.

Union Bank of India is a ‘SELL’ call with a target of Rs 236 and a stop loss of Rs 253.

State Bank of India is a ‘SELL’ call with a target of Rs 2400 and a stop loss of Rs 2515.


Sandeep Wagle, founder & MD, APTART Technical Advisory Services
ICICI Bank Ltd is a ‘BUY’ call with a target of Rs 1255 and a stop loss of Rs 1204.

Aurobindo Pharma Ltd is a ‘SELL’ call with a target of Rs 175 and a stop loss of Rs 185.60.

Adani Enterprises Ltd is a ‘SELL’ call with a target of Rs 237 and a stop loss of Rs 252.50.


Prakash Gaba, CFT, prakashgaba.com


ONGC Ltd is a ‘BUY’ call with a target of Rs 350 and a stop loss of Rs 333.

M&M Ltd is a ‘SELL’ call with a target of Rs 880 and a stop loss of Rs 900.

Shasun Pharma Ltd is a ‘BUY’ call with a target of Rs 120 and a stop loss of Rs 104.


Rajat K Bose, Technical Analyst, rajatkbose.com


M&M Ltd is a ‘SELL’ call with a target of Rs 893 and a stop loss of Rs 910.

JSW Steel Ltd is a ‘SELL’ call with a target of Rs 860 and a stop loss of Rs 880.

Reliance Infrastructure Ltd is a ‘BUY’ call with a target of Rs 529 and a stop loss of Rs 519.


Deepak Mohoni, Director, trendwatchindia.com


Indiabulls Finance Ltd is a ‘BUY’ call with a target of Rs 347 and a stop loss of Rs 329.

Sterlite Industries Ltd is a ‘BUY’ call with a target of Rs 120 and a stop loss of Rs 113.50.

IDBI Bank Ltd is a ‘SELL’ call with a target of Rs 104 and a stop loss of Rs 108.


(The views and recommendations expressed in this section are the analysts’ own and do not represent those of EconomicTimes.com)