Money making ideas: 6 stock recommendations for Friday

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open flat with a negative bias on Friday. Overseas, Asian stocks traded largely lower as investors reacted to the release of Chinese economic data. Here are 6 money making ideas from technical analysts that may deliver good gains in […]

  • Last Updated : May 17, 2024, 14:11 IST
Overseas, Asian stocks mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report for June overnight.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open flat with a negative bias on Friday. Overseas, Asian stocks traded largely lower as investors reacted to the release of Chinese economic data.

Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory

Syngene | Buy | Stop loss: Rs 540 | Target price: Rs 635

City Union Bank | Buy | Stop loss: Rs 158 | Target price: Rs 170

Ashok Leyland | Sell | Stop loss: Rs 117 | Target price: Rs 100

Recommendations by: Nirav Chheda, Nirmal Bang Securities

Lupin | Buy | Stop loss: Rs 1020 | Target price: Rs 1100

JSW Steel | Sell | Stop loss: Rs 642 | Target price: Rs 600

ICICI Bank | Sell | Stop loss: Rs 590 | Target price: Rs 545

(Disclaimer: Stocks recommendations by experts or brokerages are their own and not those of the website or its management. Money9.com advises market participants to check with certified experts before taking any buy, sell or hold decisions.)

Published: April 16, 2021, 08:47 IST
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