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Top intraday trading ideas for afternoon trade on Thursday, December 26, 2019

NEW DELHI: Equity benchmarks Sensex and Nifty were trading lower in Thursday’s session on account of selling in frontline bluechip counters.

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

Kunal Bothra independent market expert

M&M is a ‘Buy’ call with a target price of Rs 570 and a stop loss of Rs 515.

JSW Steel is a ‘Buy’ call with a target price of Rs 290 and a stop loss of Rs 260.

NTPC is a ‘Buy’ call with a target price of Rs 122 and a stop loss of Rs 110.

IDFC First Bank is a ‘Buy’ call with a target price of Rs 45.50 and a stop loss of Rs 42.40.

CK Narayan of Chart Advise

United Breweries is a ‘Buy’ call with a target price of Rs 1325 and a stop loss of Rs 1285.

(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