Short, long or hold? Intra-day stock picks for the day

Here are your intraday stock picks of the day from various market experts :

Vishal Kshatriya, Edelweiss Securities says to short Wipro at the current market price with a stoploss above Rs 394 for target of Rs 365. Yesterday, while the stock breached and closed below its key support zone along with good volumes, the open interest data indicates aggressive short build up in the stock.

He also says to go long on IDFC at the current market price with a stoploss above Rs 115 for target of Rs 128 per share. Yesterday, the stock breached and closed above its 20 DMA (day moving average). Along with that, momentum oscillators are also giving a fresh buy signal.

Shardul Kulkarni, Angel Broking has one buy and one sell call. One can buy IDFC with a stoploss at Rs 115 for target of Rs 132. The stock has the potential to move ahead and if it moves ahead of the levels of Rs 121, it can move towards Rs 132 levels. However, he says to sell HCL Technologies below Rs 475 with a stoploss at Rs 486 for target of Rs 455.

Sanjeev Agarwal, Dynamix Research & Capital, also has one buy and one sell call. He says to sell ACC at current market price with a stop loss above Rs 1,185 for a target of Rs 1,100 in the next few days. Generally cement companies have monsoon season as a very lean season and it has been showing on the charts of the cement companies. Coal India is on his buy list at current market price with a stoploss below Rs 300 for target of Rs 325 per share.

Aashish Tater, Fort Share Broking says to go long on for stocks today. One can go long on BHEL with target of Rs 215.50 and keep a stoploss at Rs 202 , TV Today with target of Rs 66.50 and keep a stop loss at Rs 64.70, Tata Steel with target of Rs 415.65 and keep a stoploss at Rs 398.65 and Zee Entertainment with target of Rs 127 and keep a stoploss at Rs 122 per share.

Sharmila Joshi, Fairwealth Securities, has 4 buy recommendations. Buy ABB with target of Rs 715 and keep a stoploss at Rs 704, buy Petronet LNG with target of Rs 134 and keep a stoploss at Rs 128, buy Zee Entertainment with target of Rs 127 and keep a stoploss at Rs 122, buy Reliance Capital with target of Rs 324 and keep a stoploss at Rs 311 per share.

Lancelot D Cunha, Sharyans Wealth Management has 3 buy and one sell call. One can buy Lovable Lingerie with target price of Rs 334 and keep a stoploss at Rs 311, buy Future Capital Holdings with target price of Rs 145.90 and keep a stoploss at Rs 135, buy TV Today with target price of Rs 69.90 and keep a stoploss at Rs 61 and sell Educomp Solutions with target price of Rs 149 and keep a stoploss at Rs 162 per share.