Trading ideas: 6 stock recommendations for Thursday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
The benchmark equity indices are likely to open on a flat note on Thursday tracking Nifty on the Singapore Stock Exchange. Earlier, The domestic markets rallied about 1% on Wednesday after the Reserve Bank of India (RBI) announced a raft of measures to help the financial services industry tide over the second coronavirus wave that threatens economic recovery.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chedda, Nirmal Bang Securities
Coal India | Buy | Stop loss: Rs 129 | Target price: Rs 141
ONGC | Buy | Stop loss: Rs 107 | Target price: Rs 120
Aurobindo Pharma | Buy | Stop loss: Rs 1,000 | Target price: Rs 1070
Recommendations by: Jay Purohit, MOFSL
Granules India | Buy | Stop loss: Rs 340 | Target price: Rs 375
Fortis | Buy | Stop loss: Rs 213 | Target price: Rs 237
Axis Bank | Buy | Stop loss: Rs 700 | Target price: Rs 750
(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.)