Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 77 points at the opening bell. Overseas, Asian stocks broadly advanced Friday ahead of the US jobs report due later in the day that might provide some indication on what the Fed could do next. Investors will be looking ahead to the U.S. nonfarm payroll count for April due Friday.
Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory
Lupin | Buy | Stop loss: Rs 1150 | Target price: Rs 1300
Apollo Hospital | Buy | Stop loss: Rs 3275 | Target price: Rs 3475
Infosys | Buy | Stop loss: Rs 1330 | Target price: Rs 1410
Recommendations by: Mudit Goyal, SMC Global Securities
Ambuja Cement | Buy | Stop loss: Rs 308 | Target price: Rs 322
BPCL | Buy | Stop loss: Rs 427 | Target price: Rs 448
Motherson Sumi | Buy | Stop loss: Rs 218 | Target price: Rs 231
Recommendations by: Manish Shah, NiftyTriggers.com
Jindal Steel and Power | Buy | Stop loss: Rs 448 | Target price: Rs 470-485
UPL | Buy | Stop loss: Rs 615 | Target price: Rs 650-685
Navin Fluorine | Buy | Stop loss: Rs 3550 | Target price: Rs 3750-3850
(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.)