Trading ideas: 6 stock recommendations for Monday

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 61 points at the opening bell.

HAL is engaged in carrying out design, development, manufacture, repair and overhaul of aircraft, helicopter, engines and related systems like avionics, instruments and accessories primarily serving Indian defence programme.

Trading for the week is likely to begin on a positive note. The market will react to industrial output and CPI inflation data which was released after market hours on Friday, 12 March 2021. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 61 points at the opening bell.

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

Recommendations by: Rohit Singre, LKP Securities

Uflex | Buy | Target price: Rs 435 | Stop loss: Rs 400

ISGEC | Buy | Target price: Rs 510 | Stop loss: Rs 475

Welspun India | Buy | Target price: Rs 90 | Stop loss: Rs 76

Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory

Persistent | Buy above Rs 1,785 | Target price: Rs 1,875 | Stop loss: Rs 1,705

MFSL | Sell below Rs 890 | Target price: Rs 825 | Stop loss: Rs 932

SWSOLAR | Buy above Rs 255 | Target price: Rs 300 | Stop loss: Rs 238

(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: March 15, 2021, 09:13 IST
Exit mobile version