Trading ideas: 6 stock recommendations for Tuesday
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 48 points at the opening bell. Overseas, Asian stocks are trading higher on Tuesday following a relatively subdued start to the global trading week as investors look ahead to the Fed meeting stateside.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Manish Shah, Niftytriggers.com
Canara bank | Buy | Target price: 168-175 | Stop loss: Rs 153
Dr Reddy Lab | Sell | Target price: Rs 4,200-4,125 | Stop loss: Rs 4,480
BPCL | Buy | Target price: Rs 470-485 | Stop loss: Rs 450
Recommendations by: Nirav Chheda, Nirmal Bang Securities
NMDC | Buy | Target price: Rs 144 | Stop loss: Rs 131
Infosys | Sell | Target price: Rs 1,320 | Stop loss: Rs 1,400
ONGC | Buy | Target price: Rs 123 | Stop loss: 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.)