Trading ideas: 6 stock recommendations for Monday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
The domestic equity markets are likely to open higher on Monday tracking firm global cues. The benchmark equity indices BSE Sensex and NSE Nifty ended in the green on Friday due to heavy buying in financials and metal counters. A fall in the daily Covid-19 cases may help investors sentiment. With 3,66,499 fresh infections, India recorded a significant drop in the number of daily Covid-19 cases.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Vikas Jain, Reliance Securities
Ashok Leyland | Buy | Stop loss: Rs 106 | Target price: Rs 126
Mahindra & Mahindra Financial Services | Buy | Stop loss: Rs 143 | Target price: Rs 182
Ramco Cements | Buy | Stop loss: Rs 915 |Target price: Rs 1070
Recommendations by: Mazhar Mohammad, Chartview India
DCB Bank | Buy | Stop loss: Rs 87 | Target price: Rs 99
Jindal Stainless | Buy | Stop loss: Rs 89 | Target price: Rs 109
Welspun India | Buy | Stop loss: Rs 82 | Target price: Rs 109
(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.)