Stock Market

Top intraday trading ideas for afternoon trade for Friday, 7 September 2018

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NEW DELHI: Equity benchmarks Sensex and Nifty50 were up with tepid gains around 11:45 am on Friday on buying in select frontline bluechip counters, including Reliance Industries, ICICI Bank and Infosys.

However, losses in Sun Pharma, HDFC twins, YES Bank and State Bank of India capped the gains for market benchmarks.

Weak global cues, wobbly rupee and an uptick in global crude oil prices kept the risk appetite subdued.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today’s afternoon trade: Manas Jaiswal of manasjaiswal.comTVS Motor Company is a 'Buy' call with a target price of Rs 620 and a stop loss of Rs 575. InterGlobe Aviation (IndiGo) is a 'Buy' call with a target price of Rs 965 and a stop loss of Rs 890. YES Bank is a 'Sell' call with a target price of Rs 310 and a stop loss of Rs 341. Shrikant Chouhan, senior VP (technical research), Kotak SecuritiesABB India is a 'Buy' call with a target price of Rs 1,350 and a stop loss of Rs 1,270. Tata Motors is a 'Buy' call with a target price of Rs 285 and a stop loss of Rs 263. Divi's Laboratories is a 'Buy' call with a target price of Rs 1,370 and a stop loss of Rs 1,290. (Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com.

Please consult your financial adviser before taking any position in the stock/s mentioned.)




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