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‘BUY’ or ‘SELL’ ideas from experts for Friday 16 August 2019

NEW DELHI: Domestic equity market is likely to open higher on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:28 am the SGX Nifty was 49.50 points or 0.45 per cent higher at 10,946.50.

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

Shubham Agarwal of Quantsapp

Axis Bank is a ‘Buy’ call with a target price of Rs 695 and a stop loss of Rs 640.

L&T is a ‘Buy’ call with a target price of Rs 1400 and a stop loss of Rs 1300.

Kunal Bothra independent market expert

Tata Motors is a ‘Sell’ call with a target price of Rs 117 and a stop loss of Rs 124.

Adani Port is a ‘Sell’ call with a target price of Rs 348 and a stop loss of Rs 364.

CK Narayan of Chart Advise

ZEEL is a ‘Buy’ call with a target price of Rs 351 and a stop loss of Rs 335.

Wipro is a ‘Sell’ call with a target price of Rs 244 and a stop loss of Rs 256.

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

Source: Economic Times