Trading ideas: 8 stock recommendations for Friday

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could advance 130 points at the opening bell.

Where Axis Bank on Monday posted a 94% year-on-year growth in net profit at Rs 2,160 crore, Kotak Mahindra Bank reported 31.99% YoY growth in net profit at Rs 1,641.92 crore in Q1FY22.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could advance 130 points at the opening bell. Overseas, Asian stocks rose in Friday trade following an overnight rebound on Wall Street.

Here are 8 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Mazhar Mohammad, Chartview India

Dalmia Bharat Sugar | Buy | Stop loss: Rs 165 | Target price: Rs 201

Praj Industries | Buy | Stop loss: Rs 170 | Target price: Rs 197

Federal Bank | Buy | Stop loss: Rs 70 | Target price: Rs 83

Recommendations by Manish Shah, Niftytrigers.com

JSW Steel | Buy | Stop loss: Rs 434 | Target price: Rs 465-475

Bajaj Finance | Sell | Stop loss: Rs 5,250 | Target price: 4,990-4,850

Alkem Labs | Buy | Stop loss: Rs 2570 | Target price: Rs 2,690-2,750

Recommendations by Rohit Singre, LKP Securities

Piramal Enterprises | Sell | Stop loss: Rs 1,850 | Target price: Rs 1,700

Colgate Palmolive | Sell | Stop loss: Rs 1,550 | Target price: Rs 1,500

(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.)

Published: March 26, 2021, 08:48 IST
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