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Top six intraday trading ideas for afternoon trade for Thursday, 16 February 2017

The NSE Nifty index was trading above 8,750-mark in the afternoon trade on Thursday on account of buying in frontline bluechip counters amid mixed global cues.

Among the 51 components in Nifty index, 33 stocks were trading in green with Sun PharmaBSE 3.14 % gaining the most 2.86 per cent, followed by InfosysBSE 2.76 % (up 2.58 per cent), Bank of BarodaBSE 1.87 % (up 2.14 per cent), GailBSE 1.96 % (up 2.02 per cent) and Maruti Suzuki (up 1.94 per cent).

On the other hand, ITC, Bharti Infratel, BPCLBSE -0.85 %, Zee EntertainmentBSE -1.18 % and Larsen & Toubro were trading lower by 1.52 per cent, 1.19 per cent, 0.77 per cent, 0.72 per cent and 0.69 per cent, respectively.

ETMarkets.com has collated a list of trading ideas from various experts and here’s what they had recommended:

IIFL
Dr Reddy’s Labs is a ‘Sell’ call with a target of Rs 2820 and a stop loss of Rs 2945
HDFC BankBSE 0.57 % is a ‘Buy’ call with a target of Rs 1390 and a stop loss of Rs 1290
Asian PaintsBSE -0.76 % is a ‘Sell’ call with a target of Rs 936 and a stop loss of Rs 1000Tata Power is a ‘Sell’ call with a target of Rs 75 and a stop loss of Rs 85

Reliance Securities
Bharti AirtelBSE 0.41 % is a ‘Sell’ call with a target of Rs 356 and a stop loss of Rs 374
Voltas is a ‘Buy’ call with a target of Rs 344 and a stop loss of Rs 330

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