FAST MONEY: Bajaj Auto, Dabur India among key intraday buy calls for today

The Sensex and Nifty are expected to open higher on Thursday tracking Asian markets, which made early gains as upbeat Wall Street earnings supported global investor sentiment, although trade war jitters pushed China’s offshore yuan to a fresh one-year low.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent, while Japan’s Nikkei and the Australian benchmark advanced 0.42 per cent and 0.38 per cent, respectively.

On Wall Street, the Dow Jones Industrial Average rose 0.32 per cent and the S&P 500 gained 0.22 per cent to hit a more than five-month high, while the Nasdaq Composite declined marginally by 0.01 per cent.

Here are key intraday trading tips for today's trade:

Jain Irrigation DVR (Buy)
 
Target: Rs 54
Stoploss: Rs 50  

The govt approved 83 small and 8 big irrigation projects
The govt will spend Rs 13,000 crore in Maharashtra's drought zone

ABB India (Buy)

Target: Rs 1210 
Stoploss: Rs 1180 

The company expected to report robust earnings later today
Profit expected to double to cross Rs 100 crore

WATCH ZEE BUSINESS VIDEO HERE

Dabur India (Buy)

Target: Rs 382 
Stoploss: Rs 370 

65% cash delivery in stock 
The stock is trading above all moving averages

Bajaj Auto (Buy)

Target: Rs 3130
Stoploss: Rs 3100 

Fresh buying in stock in futures trade
Positive monsoon to benefit the stock

Wipro (Buy)

Target: Rs 290 
Stoploss: Rs 280 

The stock is trading above all moving averages
Fresh buying in futures trade; 50% cash delivery in stock
 
(Stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)