Top 6 stock ideas for the day

Stocks traded higher Tuesday, tracing strength in Asian markets and the rupee. Analysts consider these gains as a pullback after the sharp selloff and not a reversal of trend.

Independent analyst Sarvendra Srivastava said the pullback may last till 4,900-4,930 levels. Here are six stocks recommended by Srivastava. These calls are based on technical charts.

1) Jubilant FoodWorks:
Sell around 1170 for a target of 1050 and a stop loss of 1232.6.

2) HUL:
Sell with a target of 390 and a stop loss of 425.6.
3) Divi's Lab:
Sell with a target of 900 and a stop loss of 952.6.

4) ICICI Bank:
Buy with a target of 840 and a stop loss of 766.4.

5) IRB Infra:
Buy with a target of 122 and a stop loss of 112.4.

6) Axis Bank:
Buy with a target of 1040 and a stop loss of 984.4.

Stocks traded higher Tuesday, tracing strength in Asian markets and the rupee. Analysts consider these gains as a pullback after the sharp selloff and not a reversal of trend.

Independent analyst Sarvendra Srivastava said the pullback may last till 4,900-4,930 levels. Here are six stocks recommended by Srivastava. These calls are based on technical charts.

1) Jubilant FoodWorks:
Sell around 1170 for a target of 1050 and a stop loss of 1232.6.

2) HUL:
Sell with a target of 390 and a stop loss of 425.6.
3) Divi's Lab:
Sell with a target of 900 and a stop loss of 952.6.

4) ICICI Bank:
Buy with a target of 840 and a stop loss of 766.4.

5) IRB Infra:
Buy with a target of 122 and a stop loss of 112.4.

6) Axis Bank:
Buy with a target of 1040 and a stop loss of 984.4.