PI Industries, Sun TV, Bank of Baroda among key trading ideas for Monday's trade

The domestic market is expected to open higher tracking positive trend seen in Asian markets, which ticked up, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing costs.

At 8:41 am, SGX Nifty, Nifty futures being traded on Singapore Stock Exchange, was trading at 10,487, up 24 points or 0.23 per cent. 

Below are the key trading ideas for Monday's trade:

PI Industries (BUY) 

Target: Rs 885
Stoploss: Rs 860 
CMP: 868

Positive impct of agri push continues 
Third quarter numbers positive

PFIZER LTD (BUY) 

Target: Rs 2350
Stoploss: Rs 2300 
CMP: Rs 2310

Buying possible in pharma shares
The stock is trading near its 52-week high

ABAN OFFSHORE (BUY)  

Target: Rs 178
Stoploss: Rs 172 
CMP: Rs 173

Jump in crude pirces
Nuymax crude trades near $62

RIIL (BUY) 

Target: Rs 495
Stoploss: Rs 482 
CMP: Rs 486

PM Modi inaugurated international airport at Navi Mumbai
Recovery witnessed in last one hour of trade 

V GUARD (BUY)  

Target: Rs 236
Stoploss: Rs 227 
CMP: Rs 230.35

The stock is trading strong in futures
Buying witnessed throughout the Feb series 

SUN TV (SELL) 

Target: Rs 901
Stoploss: Rs 934

OI ticked up 3%
The stock slipped below 100-DEMA; going above 50-DEMA looks difficult

EICHER MOTORS (SELL)  

Target: Rs 27000
Stoploss: Rs 27400

The stock now below 200-DEMA post 5-day recovery
Seeling witnessed in futures trade

BANK OF BARODA (SELL)   

Target: Rs 147
Stoploss: Rs 154

Selling continues in PSBs
Sentiment to remain tepid on account of PNB fraud

BEML (SELL)  

Target: Rs 1238
Stoploss: Rs 1282

Selling witnessed for third straight session
The stock is trading below its short-term average

CENTURY TEXTILES (SELL) 

Target: Rs 1177
Stoploss: Rs 1208

The stock below 200-day moving average
Selling witnessed in heavy volumes on Friday

(The stock mentioned here are for informational purpose. Consult your financial advisor before investing.)