Top buy & sell ideas by Ashwani Gujral & Mitessh Thakkar for January 4

Ashwani Gujral of ashwanigujral.com reecommends buying Rain Industries with a stop loss of Rs 430, target of Rs 455 and a buy on United Breweries with a stop loss of Rs 1065, target of Rs 1120.

The Nifty futures on the Singaporean stock exchange were trading higher by around 19 points at 10498, a rise of around 0.18 percent. This indicates that the domestic market is likely to open on a positive note.

Moneycontrol.com has collated a list of trading ideas from top market experts which one can take cues for better returns:

Ashwani Gujral of ashwanigujral.com

Buy Rain Industries with a stop loss of Rs 430, target of Rs 455

Buy United Breweries with a stop loss of Rs 1065, target of Rs 1120

Buy Bajaj Electricals with a stop loss of Rs 528, target of Rs 550

Sell NBCC with a stop loss of Rs 247, target of Rs 233

Sell BEML with a stop loss of Rs 1540, target of Rs 1485

Mitessh Thakkar of miteshthacker.com

Buy Hexaware Technologies with a stop loss of Rs 343 for target of Rs 365

Buy India Cements with a stop loss of Rs 182 for target of Rs 195

Buy Kajaria Ceramics with a stop loss of Rs 719 for target of Rs 775

Sell Kotak Mahindra Bank below Rs 992 with stop loss of Rs 1007 for target of Rs 965