Trading idea: 6 stock recommendations for November 09
Nirmal Bang is bullish on Axis Bank with a price target of Rs 800 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 16 points at the opening bell. Overseas, Asian stocks are trading higher on Tuesday following overnight gains on Wall Street that took the major indexes to record closing highs. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Manish Shah, niftytriggers.com
Federal Bank | Buy | Stop loss: Rs 95| Target: Rs 108-112
Bajaj Finance | Buy | Stop loss: Rs 7,500 | Target: Rs 7,950-8,150
Titan | Buy | Stop loss: Rs 2,400 | Target: Rs 2,650-2,850
Recommendations by: Nirav Chheda, Nirmal Bang
Bharti Airtel | Buy | Stop loss: Rs 688 | Target: Rs 770
Axis Bank | Buy | Stop loss: Rs 725 | Target: Rs 800
BPCL | Buy | Stop loss: Rs 415 | Target: Rs 460
(Disclaimer: The recommendations in this story are by the respective research and brokerage firm. Money9 & its management do not bear any responsibility for their investment advice. Please consult your investment advisor before investing.)