Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 77 points at the opening bell. Overseas, Asian stocks are trading mixed on Wednesday as investors waited for the release of Chinese economic data.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory
Infosys | Buy | Target price: Rs 1,450 | Stop loss: Rs 1,350
Tata Consumer | Buy | Target price: Rs 680 | Stop loss: Rs 600
Bandhan Bank | Sell | Target price: Rs 315 | Stop loss: Rs 352
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Lupin | Buy | Target price: Rs 1,040 | Stop loss: Rs 980
ONGC | Buy | Target price: Rs 113 | Stop loss: Rs 101
HPCL | Buy | Target price: Rs 245 | Stop loss: Rs 226
(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.)