At 10:00 am, the S&P BSE Sensex was trading with more than 150 points gains while the Nifty50 reclaimed the 16,500 level.
Sectorally, buying was seen in capital goods, realty, public sector, healthcare and oil & gas stocks while selling was seen in consumer durables and telecom stocks.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Nayak Ajit Srinivas, Technical and Derivative Analyst, Securities told ETBureau
Carborundum Universal Ltd: Buy| Target Rs 850| Stop Loss Rs 754
The stock price has broken out from a downward sloping trend line on the daily chart with rising volumes.
Castrol India: Buy| Target Rs 123| Stop Loss Rs 108
The stock is sustaining above its 50 and 100-Days EMA. Indicators and Oscillators have been showing strength which is a positive sign for the bulls.
Expert: Kunal Bothra, Market Expert told ETNow
Coal India: Buy| Target Rs 208| Stop Loss Rs 197
IndusInd Bank: Buy| Target Rs 1000| Stop Loss Rs 937
Expert: Nooresh Merani, independent technical analyst told ETNow
HDFC Bank: Buy| Target Rs 1500| Stop Loss Rs 1350
PVR: Buy| Target Rs 2200| Stop Loss Rs 1920
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
