Technicals: Sizzling stocks for intra-day trade today

Here are your daily stock picks from experts on the markets :

Manas Jaiswal of manasjaiswal.com recommends to short two stocks. He says to Petronet LNG as the stock is making lower tops and lower bottoms on the charts and yesterday, it broke the support of Rs 130. One can short the stock at the current market price with a stoploss at Rs 129 for target of Rs 120. The second stock to short is Bajaj Auto at the current market price with a stop loss at Rs 1605 for target of Rs 1500.

Vishal Malkan of malkansview.com has one buy and one sell recommendation. He says to buy Ambuja Cement with a stoploss at Rs 145 for targets of Rs 151.50 and Rs 153 as it has broken out of the range which was forming since few days. However, he says that M&M has broken on the sell side as it has broken the support of Rs 640 on closing basis. One can sell with a stoploss at Rs 641 for targets of Rs 620 and Rs 627.

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Rajesh Jain, Religare Securities saysto short Titan Inds and buy CESC. Titan has been holding on to its sideways range for the last three months, but yesterday it fell indicating a break down. One can short the stock at any counter rally near its resistance of Rs 232 keeping a closing stop loss of Rs 237 for lower target of Rs 225. However, one can buy CESC at Rs 270-272 with a stoploss at Rs 265 for target of Rs 285. Yesterday, the stock hit a one month closing high which indicates that it is in storng hands.

SP Tulsian of sptulsian.com has 4 buy recommendations today. One can buy Mahindra Satyam with a target of Rs 71 and keep a stoploss at Rs 65, buy Tech Mahindra with a target of Rs 640 and keep a stoploss at Rs 598, buy HDFC Warrants with a target of Rs 54 and keep a stoploss at Rs 44, and buy Shalimar Paints with a target of Rs 524 and keep a stoploss at Rs 473 per share.

Ashish Kapur or Investshoppe has 2 buy and says to short 2 stocks. While one can buy DB Realty and Max India, he says to short JSW Steel and Patal Engineering. Buy DB Realty with a target of Rs 79 and keep a stoploss at Rs 71.50, buy Max India with a target of Rs 208 and keep a stoploss at Rs 189, Short JSW Steel with a target of Rs 568 and keep a stoploss at Rs 622, and short Patel Engineering with a target of Rs 80 and keep a stoploss at Rs 88.50 per share.

Saurabh Mittal of Swadeshi Credits has 3 buy calls and one stock to short. The three buy calls are - buy Unitech with a target of Rs 23 and keep a stoploss at Rs 20.50, buy Tata Global with a target of Rs 112 and keep a stoploss at Rs 105 and buy Reliance Industries with a target of Rs 700 and keep a stoploss at Rs 678 and to short BPCL with a target of Rs 728 and keep a stoploss at Rs 745 per share.

Disclaimer: Views expressed above are that of market expert and n ot of Firstpost. Firstpost is not responsible for any investment decisions made on the basis of these recommendations.