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.
The BSE Sensex and NSE Nifty are likely to open lower on Friday tracking weak global cues. The domestic equity benchmarks ended near the day’s high on Thursday, led by strength in banks and financial shares. Trading was volatile due to expiry of weekly index options on the NSE. Metal shares advanced while FMCG, IT and pharma shares corrected. The barometer index, Sensex, rose 374.87 points or 0.79% to 48,080.67. The Nifty 50 index added 109.75 points or 0.77% to 14,406.15.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Sneha Seth, Angel Broking
Escorts | Sell | Stop loss: Rs 1,200 | Target price: Rs 1,110
Motherson Sumi | Buy | Stop loss: Rs 199 | Target price: Rs 228
Sun TV | Sell | Stop loss: Rs 471 | Target price: Rs 428
Recommendations by: Ashish Kyal, Wave Strategy Advisors
SAIL | Buy | Stop loss: Rs 90.50 | Target price: Rs 101
Sun Pharma Advanced Research | Buy | Stop loss: Rs 169 | Target price: Rs 188
Alembic Ltd | Buy | Stop loss: Rs 106 | Target price: Rs 118
(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.)