Market Update

Wednesday 5 October 2016

Top ten intraday trading ideas for afternoon trade for Wednesday, 05 October 2016

Best Advisory Company | Equity Market Tips

 NEW DELHI :  The Nifty50 was trading above its crucial support level of 8,700 in afternoon trade on Wednesday supported by gains in Hindalco BSE 2.20 %, Asian Paints BSE 1.95 %, Tata Motors (DVR), and Bharti Airtel BSE 0.42 %.

 Collated list of trading ideas from various experts and here's what they had recommended :

  Reliance Securities   

Dabur India BSE 1.00 % is a ‘BUY’ call with a target of Rs 345

Bharti Airtel is a ‘BUY’ call with a target of Rs 339 and a stop loss of Rs 308

MindTree BSE 0.49 % is a ‘BUY’ call with a target of Rs 513 and a stop loss of Rs 484

M&M is a ‘SELL’ call with a target of Rs 1400 and a stop loss of Rs 1455.

  Tejas Shah, senior technical analyst at Edelweiss   

LIC Housing Finance BSE -0.39 % is a ‘BUY’ call with a target of Rs 640 and a stop loss of Rs 583

Motherson Sumi BSE 1.01 % is a ‘BUY’ call with a target of Rs 355 and a stop loss of Rs 313

Bank of Baroda BSE 0.41 % is a ‘BUY’ call with a target of Rs 181 and a stop loss of Rs 164

Coal India BSE -0.25 % is a ‘SELL’ call with a target of Rs 305 and a stop loss of Rs 330

  Gaurav Bissa, Derivatives Analyst, LKP Securities   

SBI is a ‘BUY’ call with a target of Rs 275 and a stop loss of Rs 257

Apollo TyresBSE 5.15 % is a ‘BUY’ call with a target of Rs 240 and a stop loss of Rs 222

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