Trading ideas: 4 stocks recommendations for Friday
Anand Rathi is bullish on Gujarat Gas with a price target of Rs 664.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 31 points at the opening bell. Overseas, Asian stocks are mostly trading higher on Friday, as shares of China Evergrande Group surged in Hong Kong following media reports that the embattled developer is set to pay off a coupon payment on a dollar-denominated bond. Here are 4 money making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Osho Krishan, Anand Rathi
Axis Bank | Buy | Stop loss: Rs 770 | Price target: Rs 870
Gujarat Gas | Buy | Stop loss: Rs 604 | Price target: Rs 664
Recommendations by: Nilesh Jain, Centrum Broking
Tata Motors | Buy | Stop loss: Rs 498 | Price target: Rs 526
City Union Bank | Buy | Stop loss: Rs 167 | Price target: Rs 176
(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.)