Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 78 points at the opening bell. Overseas, Asian stocks are trading lower on Friday following overnight declines for the major indexes on Wall Street.
Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.
Aditya Agarwala, YES Securities
BEML | Buy | Stop loss: Rs 950 | Target price: Rs 1,100
Blue Star | Buy | Stop loss: Rs 790 | Target price: Rs 950
Indus Towers | Buy | Stop loss: Rs 242 | Target price: Rs 285
Jay Thakkar, Marwadi Shares & Finance
Tech Mahindra | Buy | Target price: Rs 1,050/1,070 | Stop loss: Rs 1,000
Biocon | Buy | Target price: Rs 435-445 | Stop loss: Rs 408
NTPC | Buy | Target price: Rs 108-110 | Stop loss: Rs 100
Rohit Singre, LKP Securities
Bharat Electronics | Buy | Stop loss: Rs 135 | Target price: Rs 145
Suprajit | Buy | Stop loss: Rs 263 | Target price: Rs 280
Vardhman Holdings | Buy | Stop loss: Rs 1,090 | Target price: Rs 1,200
(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.)