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Top trading ideas for the day

Not the fans, but U.S. investors may turn out to be the ones who help the UK-based 'soccer' club and its owners, the Glazer family, raise up to $333 million in its IPO.

A Dreamliner in Air India colours at an airport in Washington
A Dreamliner in Air India colours at an airport in Washington

Here are the trading ideas recommended by independent analyst Sarvendra Srivastava.

1) Axis Bank:
Buy with a target of 1200 and a stop loss of 1044.4.

2) Hero Moto:
Buy with a target of 2100 and an intraday stop loss of 1919.
3) NTPC:
Buy with a target of 180 and a stop loss of 164.3.

4) Tata Power:
Buy with a target of 110 and a stop loss of 94.4.

Disclaimer: Investors are advised to make their own assessment before acting on the information.