Top 20 intraday trading ideas by experts for Friday, 1 April 2016

NEW DELHI: The Nifty50 made a feeble start to the financial year 2017 on Friday but was still trading above its crucial support level of 7,700, supported by gains in BHEL, Bank of Baroda, L&T, ITC, and Punjab national Bank.

The S&P BSE Sensex also recouped losses after falling over 100 points in trade today, weighed down by losses in oil & gas, metal, banks, and auto stocks.

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

Manav Chopra, Monarch Networth Capital:

Cummins India Ltd is a 'BUY' call with a target of Rs 950 and a stop loss of Rs 860

McLeod Russel Ltd is a 'BUY' call with a target of Rs 210 and a stop loss of Rs 178

L&T Ltd is a 'BUY' call with a target of Rs 1300 and a stop loss of Rs 1220

Hemen Kapadia of KRChoksey Securities:

Biocon Ltd is a 'BUY' call with a target of Rs 494 and a stop loss of Rs 486

TVS Motor Company Ltd is a 'BUY' call with a target of Rs 332 and a stop loss of Rs 323

Ambuja Cements Ltd is a 'BUY' call with a target of Rs 239 and a stop loss of Rs 230

Shrikant Chouhan, Senior VP- Technical Research, Kotak Securities:

Arvind Ltd is a 'BUY' call with a target of Rs 300 and a stop loss of Rs 270

United Breweries Ltd is a 'BUY' call with a target of Rs 890 and a stop loss of Rs 820

Jet Airways Ltd is a 'BUY' call with a target of Rs 595 and a stop loss of Rs 537

Sameet Chavan, Technical Analyst at Angel Broking:

Bata India Ltd is a 'BUY' call with a target of Rs 554 and a stop loss of Rs 494

Cairn India Ltd is a 'SELL' call with a target of Rs 147 and a stop loss of Rs 157

Yes Bank Ltd is a 'SELL' call with a target of Rs 814 and a stop loss of Rs 886

Mitul Shah of Karvy Stock Broking:

Reliance Infrastructure Ltd is a 'BUY' call with a target of Rs 580 and a stop loss of Rs 520

L&T Ltd is a 'BUY' call with a target of Rs 1300 and a stop loss of Rs 1210

NIIT Ltd is a 'BUY' call with a target of Rs 90 and a stop loss of Rs 76

Mandar Jamsandekar, Director at Precision Technicals:

BHEL Ltd is a 'BUY' call with a target of Rs 134 and a stop loss of Rs 112

Bank of Baroda is a ‘BUY’ call with a target of Rs 164 and a stop loss of Rs 140

DLF Ltd is a 'BUY' call with a target of Rs 130 and a stop loss of Rs 105

(Views and recommendations given in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)