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Ripples Advisory, Top stock trading ideas by market experts which are good short-term bets

Multi Commodity Exchange of India with stop loss at Rs 805 and target of Rs 858, Hindustan Petroleum Corporation with the stop loss at the stop-loss target of Rs 292 and State Bank of India with stop loss at Rs 254 and target of Rs 266.


The Nifty50 after opening higher at 10,939.65 with the stop-glossary gains to hit an intraday low of 10,925.60, but managed to recoup those losses in morning trade itself and reclaimed psychological 11,000-mark in later part of the session. The index hit an intraday high of 11,018.50, before closing 71.10 points higher at 11,008.

The closing above 11,000-mark is a good thing but to maintain that momentum, the index has to close above 11,080 levels and then only it can be able to march towards its earlier life time high of 11,171 seen in January, experts said.

According to Pivot charts, the key support level is placed at 10,949.57, followed by 10,891.13. If the index starts moving upwards, key resistance levels to watch out are 11,042.47 and 11,076.93.

The Nifty Bank index closed at 27,008.10, up 328.3 points on Tuesday. The important Pivot level, which will act as crucial support for the index, is placed at 26,760.77, followed by 26,513.43. On the upside, key resistance levels are placed at 27,148.37, followed by 27,288.63.

Buy Titan Company with target at Rs 900-930 and stop loss at Rs 800

Buy V-Guard Industries with target at Rs 207-216 and stop loss at Rs 183

Buy Axis Bank with target at Rs 565-580 and stop loss at Rs 519

Buy Multi Commodity Exchange of India with stop loss at Rs 805 and target of Rs 858

Buy Hindustan Petroleum Corporation with the stop loss at Rs 272 and target of Rs 292

Buy State Bank of India with stop loss at Rs 254 and target of Rs 266

Buy Arvind with stop loss at Rs 404 and target of Rs 424

Buy L&T Finance Holdings with stop loss at Rs 142 and target of Rs 154

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