Technical calls: Buy Shree Renuka Sugars, Aban Offshore

Here are your intra day picks for the day from various market experts and brokerage houses:

Manas Jaiswal, manasjaiswal.com has a buy call on Shree Renuka Sugars. The stock made a good base near Rs 31 and bounced back sharply. On Friday it broke the resistance of Rs 33.25 with higher volumes. The stock can test 200 DMA which is placed at Rs 36.50. Stop loss of Rs 32.50 is advisable. Sanjeev Agarwal of Dynamix Research has also recommended the stock with a stop loss below Rs 32.

Videocon Industries is another recommendation. The stock has broken the resistance of Rs 173 and 200 DMA with higher volumes. So now the stock can test its June high of Rs 184. One can buy the stock at current levels with a stop loss of Rs 172.

Sanjeev Agarwal, Dynamix Research has a buy rating on Aban Offshore. This stock has been showing a very bullish pattern for last few days and yesterday it gave a very strong move on the upside. One can buy it at current market price for a target of Rs 445-460 and stop loss below Rs 400.

PTC India after falling from Rs 66 to Rs 55, took a counter rally till near Rs 61 and on Friday again fell sharply. One can short PTC near Rs 59 keeping a stop loss of Rs 61 and target of Rs 55.

Disclaimer: Views expressed above are that of various market experts only and Firstpost will not be held responsible for any investment decision based on the above recommendations