Top 20 trading ideas from ET NOW experts for Monday, January 21, 2013

NEW DELHI: The Indian markets were moving in a narrow range with positive bias on Monday, supported by strong buying activity in oil & gas major Reliance Industries.

At 11:30 a.m.; the 50-share index was at 6,076, up 11.45 points or 0.20 per cent. It touched a high of 6,094.35 and a low of 6,067.60 in trade today.

The Sensex was at 20,108, up 70 points or 0.34 per cent. The index touched a high of 20,163.38 and a low of 20,078.06 in trade today.

ET Now spoke to various experts for their top 20 ideas for today:

Ashwani Gujral of ashwanigujral.com

REC Ltd is a 'BUY' call with a target of Rs 270 and a stop loss of Rs 248

PFC Ltd is a 'BUY' call with a target of Rs 222 and a stop loss of Rs 205

Ambuja Cements Ltd is a 'SELL' call with a target of Rs 185 and a stop loss of Rs 201

HUL Ltd is a 'SELL' call with a target of Rs 468 and a stop loss of Rs 492

Mitesh Thacker of miteshthacker.com

Sobha Developers Ltd is a 'BUY' call with a target of Rs 450 and a stop loss of Rs 419

JSW Energy Ltd is a 'BUY' call with a target of Rs 77.50 and a stop loss of Rs 69

Cipla Ltd is a 'SELL' call with a target of Rs 393 and a stop loss of Rs 416

UltraTech Ltd is a 'SELL' call with a target of Rs 1820 and a stop loss of Rs 1902

Sandeep Wagle, founder & MD, APTART Technical Advisory Services

Maruti Suzuki Ltd is a 'BUY' call with a target of Rs 1605 and a stop loss of Rs 1555

PFC Ltd is a 'BUY' call with a target of Rs 217 and a stop loss of Rs 209

Pantaloon Retail India Ltd is a 'SELL' call with a target of Rs 235 and a stop loss of Rs 246.50

Prakash Gaba, CFT, prakashgaba.com

ITC Ltd is a 'BUY' call with a target of Rs 295 and a stop loss of Rs 285

L&T Ltd is a 'BUY' call with a target of Rs 1595 and a stop loss of Rs 1538

Reliance Communication Ltd is a 'BUY' call with a target of Rs 90 and a stop loss of Rs 83

Rajat K Bose, Technical Analyst, rajatkbose.com

JP Associates Ltd is a 'BUY' call with a target of Rs 94 and a stop loss of Rs 88

LIC housing Finance Ltd is a 'BUY' call with a target of Rs 287 and a stop loss of Rs 278

BHEL Ltd is a 'BUY' call with a target of Rs 233 and a stop loss of Rs 228

Deepak Mohoni, Director, trendwatchindia.com

Bharti Airtel Ltd is a 'BUY' call with a target of Rs 368 and a stop loss of Rs 348

Aditya Birla Nuvo Ltd is a 'BUY' call with a target of Rs 1206 and a stop loss of Rs 1145

IRB Infrastructure Ltd is a 'SELL' call with a target of Rs 124 and a stop loss of Rs 128.50

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