Trading ideas: 6 stock recommendations for Friday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise around 20 points at the opening bell. Earlier, equity benchmarks returned to winning ways on Thursday after two days of declines as investors snapped up financial, pharma and IT stocks amid firm Asian cues. The 30-share BSE Sensex soared 358.83 points or 0.69% to finish at 52,300.47. Similarly, the broader NSE Nifty gained 102.40 points or 0.65% to end at 15,737.75.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Coal India | Buy | Stop loss: Rs 150 | Target price: Rs 170
ONGC | Buy | Stop loss: Rs 119 | Target price: Rs 135
United Spirits | Buy | Stop loss: Rs 628 | Target price: Rs 680
Recommendations by: Sneha Seth, Angel Broking
HUL | Buy | Stop loss: Rs 2335 | Target price: Rs 2447
ICICI Lombard General Insurance | Buy | Stop loss: Rs 1472 | Target price: Rs 1554
M&M Financial Services | Buy | Stop loss: Rs 163 | Target price: Rs 185
(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.)