Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 28 points at the opening bell. Overseas, Asian stocks are trading mixed on Tuesday as investors watched movement in shares of Japanese financial services firm Nomura following their Monday plunge.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Dr Reddy’s Labs | Buy | Stop loss: Rs 4,300 | Target price: Rs 4,600
Bluedart | Buy | Stop loss: Rs 5,120 | Target price: Rs 5,400
Infosys | Sell | Stop loss: Rs 1,370 | Target price: Rs 1,300
Recommendations by: Nilesh Jain, Centrum Broking
Havells | Buy | Stop loss: Rs 1035 | Target price: Rs 1,075
Radico Khaitan | Buy | Stop loss: Rs 551 | Target price: Rs 578
Nalco | Buy | Stop loss: Rs 52.50 | Target price: Rs 56
(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.)