Trading ideas: 6 stock recommendations for Friday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Benchmark equity indices opened lower on Friday tracking weak global cues. The 30-share BSE Sensex traded 844 points, or 1.65%, down at 50195. On the other hand, 50-share Nifty index was down 218 points, or 1.45%, down at 14,878.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Milan Vaishnav of Gemstone Equity Research and Advisory
TCS | Buy above Rs 3,000 | Stop loss: Rs 2,940 | Target price: Rs 3,095
IndusInd Bank | Buy above Rs 1,110 | Stop loss: Rs 1,075 | Target price: Rs 1,160
Ashok Leyland | Buy above Rs 131 | Stop loss: Rs 127 | Target price: Rs 136
Nilesh Jain, Anand Rathi Financial Services
Tata Motors | Buy | Stop loss: Rs 325 | Target price: Rs 348
Muthoot Fin | Buy | Stop loss: Rs 1,308 | Target price: Rs 1,370
Coromandel | Buy | Stop loss: Rs 760 | Target price: Rs 820
(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.)