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.

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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.)