Top intraday trading ideas for afternoon trade for Tuesday, 8 May 2018

NEW DELHI: The Nifty50 index was trading 21 points up at 10,737 around 12 pm (IST) on Tuesday following buying in select bank, financial, FMCG and pharma counters. 

IntradayGuide collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade: 

Shivansh Bhasin of IntradayGuide

IndusInd Bank  NSE -2.29% is a 'Sell' call with a target price of Rs 1,810 and a stop loss of Rs 1,871.  

Allahabad Bank NSE 1.04 % is a 'Sell' call with a target price of Rs 45 and a stop loss of Rs 48.10. 

KPIT Technologies is a 'Buy' call with a target price of Rs 275 and a stop loss of Rs 256. 

Cummins India NSE 2.32 % is a 'Buy' call with a target price of Rs 810 and a stop loss of Rs 750. 

Motilal Oswal Securities 
Reliance Industries NSE 0.31 % is a 'Buy' call with a target price of Rs 1,001 and a stop loss of Rs 958. 

Kotak Securities 
L&T Finance Holdings is a 'Buy' call with a target price of Rs 193 and a stop loss of Rs 180. 

(Views and recommendations given in this section are the analysts' own and do not represent those of IntradayGuide. Please consult your financial adviser before taking any position in the stock/s mentioned.)