Trading ideas: 5 stock recommendations for Tuesday
Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.
Domestic equity markets nosedived on Monday as the steep rise in Covid-19 cases and the probability of lockdown-like conditions in more states had investors rushing for the exit door. Today, the BSE Sensex and NSE Nifty are likely to make a positive start tracking Nifty on the Singapore Stock Exchange.
Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Rohit Singre, LKP Securities
Alkem Labs | Buy | Stop loss: Rs 2,700 | Target price: Rs 3,000-3,100
Laurus Labs | Buy | Stop loss: Rs 400 | Target price: Rs 440
Bajaj Finance | Sell | Stop loss: Rs 4,700 | Target price: Rs 4,400
Recommendations by: Nilesh Jain, Centrum Broking
Cipla | Buy | Stop loss: Rs 880 | Target price: Rs 940
Tata Steel | Sell | Stop loss: Rs 875 | Target price: Rs 820
Larsen & Toubro Infotech | Buy | Stop loss: Rs 4,190 | Target price: Rs 4,350
(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.)