Trading ideas: 6 stock recommendations for Monday

Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Overseas, Asian stocks mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report for June overnight.

Benchmark equity indices BSE Sensex and NSE Nifty ended with losses on Friday on account of rising Covid-19 cases. Today, the start of the session is likely to be in the red due to weak global cues. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory

STAR | Buy | Stop loss: Rs 820 | Target price: Rs 950

Lupin | Buy | Stop loss: Rs 1050 | Target price: Rs 1175

IndusInd Bank | Sell | Stop loss: Rs 1430 | Target price: Rs 1350

Recommendations by: Mazhar Mohammad, Chartview India

Delta Corp | Buy | Stop loss: Rs 155 | Target price: Rs 190

Snowman Logistics | Buy | Stop loss: Rs 45 | Target price: Rs 57

Bombay Dyeing | Buy | Stop loss: Rs 68 | Target price: Rs 84

(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: April 12, 2021, 08:31 IST
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