Trading ideas: 9 stock recommendations for Wednesday
Here are 9 money making ideas from technical analysts that may deliver a good return in the near term.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 72 points at the opening bell.
Global markets: Overseas, Asian stocks were trading lower Wednesday following an overnight dip for the S&P 500 stateside as investors grew concerned over rising bond yields. Markets in mainland China remain closed on Wednesday for the Lunar New Year holidays.
Here are 9 money making ideas from technical analysts that may deliver a good return in the near term.
Recommendations by: Manas Jaiswal of Manasjaiswal.com
Jindal Steel and Power | Buy | Stop loss: Rs 319 | Target price: Rs 350
Tata Power | Buy | Stop loss: Rs 87 | Target price: Rs 96
Lupin | Buy | Stop loss: Rs 1,069 | Target price: Rs 1,165
Recommendations by Ashish Kyal, founder, wavesstrategy.com and Trading Gurukul
Alpa Laboratories | Buy | Stop loss: Rs 40.40 | Target price: Rs 44
Goa Carbon | Buy | Stop loss: Rs 305 | Target price: Rs 331
JBM Auto | Buy | Stop loss: Rs 403 | Target price: Rs 437
Recommendations by Mazhar Mohammad, ChartviewIndia
Greaves Cotton | Buy | Stop loss: Rs 93 | Target price: Rs 109
JSPL | Buy | Stop loss: Rs 306 | Target price: Rs 357
Bank of India | Buy | Stop loss: Rs 61 | Target price: Rs 79
(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.)