Trading ideas: 6 stock recommendations for Wednesday
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 see flat start at the opening bell. Earlier, the BSE benchmark Sensex took a breather on Tuesday after a two-session rally as investors cashed in gains in index heavyweights HDFC twins and Reliance Industries despite firm global cues and declining Covid-19 cases. The 30-share gauge settled 14.37 points or 0.03% lower at 50,637.53. The broader NSE Nifty inched up 10.75 points or 0.07% to 15,208.45.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nilesh Jain, Centrum Broking
HCL Technologies | Buy | Stop loss: Rs 922 | Target price: Rs 975
VIP Industries | Buy | Stop loss: Rs 358 | Target price: Rs 380
GAIL | Buy | Stop loss: Rs 151 | Target price: Rs 162
Recommendations by: Chandan Taparia, Motilal Oswal Financial Services
Jubilant FoodWorks | Buy | Stop loss: Rs 3,010 | Target price: Rs 3,200
Asian Paints | Buy | Stop loss: Rs 2,860 | Target price: Rs 3,030
BHEL | Buy | Stop loss: Rs 72 | Target price: Rs 80
(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.)