Top buy & sell ideas by Mitessh Thakkar & Prakash Gaba for February 7

Mitessh Thakkar of miteshthacker.com recommends buying Jain Irrigation with a stop loss of Rs 110 and target of Rs 120 and advises selling Lupin around Rs 805-810 with stop loss of Rs 822 and target of Rs 775.

The Nifty futures on the Singaporean stock exchange were trading higher by around 106 points at 10,602, a rise of around 1.01 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:

Mitessh Thakkar of miteshthacker.com

Buy Jain Irrigation with a stop loss of Rs 110 and target of Rs 120

Sell Lupin around Rs 805-810 with stop loss of Rs 822 and target of Rs 775

Buy NIIT Tech with a stop loss of Rs 814 and target of Rs 860

Buy Reliance Naval with a stop loss of Rs 34.80 and target of Rs 39

Sell Shree Cement around Rs 16850-16950 with stop loss of Rs 17230 and target of Rs 16000

Prakash Gaba of prakashgaba.com

Buy Oil India with target at Rs 367 and stop loss at Rs 343

Buy VIP Industries with target at Rs 368 and stop loss at Rs 340

Sell HCL Tech with target at Rs 930 and stop loss at Rs 960

Sell Lupin with target at Rs 760 and stop loss at Rs 836