Trading ideas: 5 stock recommendations for Friday

Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.

  • Last Updated : May 17, 2024, 14:11 IST
Overseas, Asian stocks mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report for June overnight.

The Nifty futures traded around 70 points higher at 15,008 on the Singapore Stock Exchange, indicating a positive start for domestic equity indices. Earlier, the benchmark BSE Sensex declined for the second consecutive session on Thursday. Trading was volatile on account of weekly index options expiry on the NSE. Private banks and metal shares tumbled. The S&P BSE Sensex declined 337.78 points, or 0.68%, to 49,564.86. The Nifty 50 index lost 124.10 points, or 0.83%, to 14,906.05.

Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Ashish Kyal, Waves Strategy Advisors

Unichem Labs | Buy | Stop loss: Rs 345 | Target price: Rs 383

Indiabulls Real Estate | Buy | Stop loss: Rs 88.50 | Target price: Rs 98

Radico Khaitan | Buy | Stop loss: Rs 579 | Target price: Rs 642

Recommendations by: Mudit Goyal, SMC Global Securities

Bandhan Bank | Buy | Stop loss: Rs 289 | Target price: Rs 303

State Bank of India | Buy | Stop loss: Rs 378 | Target price: Rs 396

(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)

Published: May 21, 2021, 08:42 IST
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