'BUY' OR 'SELL' ideas by experts for Wednesday, Nov 9th

NEW DELHI: Indian market are expected to move higher on Wednesday on positive news emerging from Europe after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes that Europe would proceed with reforms to contain the debt crisis.

"Indian markets are likely to remain rangebound between 5200 and 5400 levels on the Nifty," said Kunal Saraogi, CEO, Equityrush.

"Nifty will find it hard to break past their stiff resistance at 5360 and are unlikely to break below the 5200 levels. The index is likely to take direction only when global uncertainty over Europe eases which may not happen for another week," added Kunal.

Equityrush Recommendations:

Yes Bank is a 'SELL' call with a stop loss above Rs 317 and a target of Rs 292

Sintex Industries is a 'BUY' call with a stop loss below Rs 116 and a target of Rs 130

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ET Now spoke to various experts and here's what they have to recommend for today's trade:

Ashwani Gujral of ashwanigujral. com

Power Finance Corporation Ltd is a 'BUY' call with a target of Rs 180 and a stop loss of Rs 165

Cairn India Ltd is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 312

Hindustan Oil Exploration Company Ltd is a 'BUY' call with a target of Rs 145 and a stop loss of Rs 120

ABB Ltd is a 'BUY' call with a target of Rs 740 and a stop loss of Rs 685

Titan Industries Ltd is a 'BUY' call with a target of Rs 233 and a stop loss of Rs 215

Jet Airways Ltd is a 'BUY' call with a target of Rs 286 and a stop loss of Rs 254

Apollo Hospitals Ltd is a 'BUY' call with a target of Rs 650 and a stop loss of Rs 553

Mitesh Thacker of miteshthacker. com

Apollo Tyres Ltd is a 'BUY' call with a target of Rs 64.50 and a stop loss of Rs 57.50

Bhushan Steel Ltd is a 'BUY' call with a target of Rs 359 and a stop loss of Rs 332

Jet Airways Ltd is a 'BUY' call with a target of Rs 282 and a stop loss of Rs 258

Reliance Infrastructure Ltd Ltd is a 'BUY' call with a target of Rs 520 and a stop loss of Rs 454