Monday, 1 September 2014

Sensex, Nifty at record highs; top 20 trading ideas - Economic Times

Leave a Comment
NEW DELHI: The S&P BSE Sensex rallied over 115 points in trade on Tuesday to hit its fresh record high of 26,982.63, while the Nifty too registered a fresh life-high of 8,067.75 in trade today.

At 11:52 a.m.; the 50-share index was at 8,061.40, up 33.70 points or 0.42 per cent. It touched all-time high of 8,067.75 and a low of 8,036.55 in trade.


The S&P BSE Sensex was at 26,957.19, up 89.64 points or 0.33 per cent. It touched all-time high of 26,982.63 and a low of 26,886.22 in trade.


"Investors definitely need to exercise caution considering the fact that markets have already run up quite a bit. But to say that there is no scope to invest in this market, I would not agree to that," said Sudip Bandyopadhyay, President, Destimoney Securities Pvt. Ltd.


"There are still enough and more opportunities. Infrastructure as an area, real estate as an area, the entire power sector as an area still is a long-long way to go and these will go on the back of the reforms, on the back of removal of the bottlenecks which have been plaguing these sectors," he added.


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


Ashwani Gujral of ashwanigujral.com


ACC Ltd is a 'BUY' call with a target of Rs 1575 and a stop loss of Rs 1510


Century Textiles is a 'BUY' call with a target of Rs 655 and a stop loss of Rs 610


Apollo Tyres is a 'BUY' call with a target of Rs 195 and a stop loss of Rs 177


Adani Ports is a 'BUY' call with a target of Rs 310 and a stop loss of Rs 285


Mitesh Thacker of miteshthacker.com


McLeod Russel is a 'BUY' call with a target of Rs 310 and a stop loss of Rs 291


Petronet LNG is a 'BUY' call with a target of Rs 205 and a stop loss of Rs 187


Bajaj Auto is a 'BUY' call with a target of Rs 2350 and a stop loss of Rs 2279


Tree House Education is a 'BUY' call with a target of Rs 450 and a stop loss of Rs 394


Sandeep Wagle, Founder & CEO, Power My Wealth


Bharti Airtel is a 'BUY' call with a target of Rs 403 and a stop loss of Rs 384


Ultratech is a 'BUY' call with a target of Rs 2770 and a stop loss of Rs 2710


Century Textiles is a 'BUY' call with a target of Rs 640 and a stop loss of Rs 615


Prakash Gaba, CFT, prakashgaba.com


Biocon is a 'BUY' call with a target of Rs 505 and a stop loss of Rs 485


Century Textiles is a 'BUY' call with a target of Rs 637 and a stop loss of Rs 610


DLF Ltd is a 'BUY' call with a target of Rs 186 and a stop loss of Rs 180


Rakesh Bansal, VP, RK Global


Ambuja Cements is a 'BUY' call with a target of Rs 223 and a stop loss of Rs 205.50


LG Balakrishnan & Bros is a 'BUY' call with a target of Rs 587 and a stop loss of Rs 515


VIP Industries is a 'BUY' call with a target of Rs 106.50 and a stop loss of Rs 97.50


Shrikant Chouhan, Senior VP-Technical Research, Kotak Securities


HDFC Bank is a 'BUY' call with a target of Rs 900 and a stop loss of Rs 838


IRB Infrastructure is a 'BUY' call with a target of Rs 270 and a stop loss of Rs 243


JK Tyre is a 'BUY' call with a target of Rs 335 and a stop loss of Rs 285


(Views and recommendations expressed in this section are the analysts' own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)


This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.






from Top Stories - Google News http://ift.tt/1ClplHN

via IFTTT

0 comments:

Post a Comment