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.)