Trading ideas: 6 stock recommendations for Thursday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 60 points at the opening bell. Asian markets were mixed in early deals on Thursday. The US markets ended mostly higher on Wednesday as minutes from the Federal Reserve’s last meeting showed the central bank’s commitment to accommodative policy in order to support a full economic recovery.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Rohit Singre, LKP Securities
Route Mobile | Buy | Stop loss: Rs 1570 | Target price: Rs 1,800-1,870
Piramal Enterprises | Buy | Stop loss: Rs 1,764 | Target price: Rs 1,805-1,825
Mindtree | Buy | Stop loss: Rs 2,140 | Target price: Rs 2,210-2,240
Recommendations by: Nilesh Jain, Centrum Broking
Manappuram Finance | Buy | Stop loss: Rs 153 | Target price: Rs 162
Nippon Life Asset Management | Buy | Stop loss: Rs 334 | Target price: Rs 350
ITC | Buy | Stop loss: Rs 209 | Target price: Rs 222
(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.)