Nifty futures were trading 88 points or 0.59% higher at 15,070 on Singapore Exchange, indicating a positive opening for BSE Sensex and Nifty 50 on Tuesday. The benchmark equity indices Sensex and Nifty eke out gains on Monday after two sessions of decline as investors snapped up energy, IT and pharma shares. After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07% higher at 50,441.07.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Milan Vaishnav of Gemstone Equity Research and Advisory
HCL Technologies | Buy above Rs 962 | Target price: Rs 995 | Stop loss: Rs 945
Mahindra & Mahindra | Buy above Rs 851 | Target price: Rs 890 | Stop loss: Rs 830
Indian Oil Corporation | Buy above Rs 104 | Target price: Rs 114 | Stop loss: Rs 98
Recommendations by: Manas Jaiswal of Manasjaiswal.com
Glenmark Pharma | Buy | Target price: Rs 515 | Stop loss: Rs 470
UPL | Buy | Target price: Rs 655 | Stop loss: Rs 619
IndusInd Bank | Sell | Target price: Rs 960 | Stop loss: Rs 1,051