Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 93 points at the opening bell. Overseas, Asian stocks are trading mixed on Tuesday, as investors monitored technology stocks regionally after their counterparts declined overnight on Wall Street. Markets in Japan are closed on Tuesday for a holiday.
Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.
Mudit Goyal, SMC Global Securities
Tata Chemicals | Buy | Target price: Rs 655 | Stop loss: Rs 628
Tata Consumer | Buy | Target price: Rs 640 | Stop loss: Rs 608
InterGlobe Aviation | Buy | Target Price: Rs 1,480 | Stop loss: Rs 1,532
Mehul Kothari, Anand Rathi Shares and Stock Brokers
Dabur | Buy | Target price: Rs 560 | Stop loss: Rs 470
Godrej Consumer | Buy | Target price: Rs 800 | Stop loss: Rs 650
Hindustan Unilever | Buy | Target price: Rs 2370 | Stop loss: Rs 2,070
Nirav Chheda, Nirmal Bang Securities
ONGC | Buy | Target price: Rs 115 | Stop loss: Rs 103
Infosys | Sell | Target price: Rs 1225 | Stop loss: Rs 1,285
Dr Reddy’s Labs | Buy | Target price: Rs 4,650 | Stop loss: Rs 4,350
(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.)