Trading ideas: 4 stocks recommendations for October 27
Anand Rathi is bullish on Steel Authority of India with a price target of Rs 128 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 46 points at the opening bell. Overseas, Asian stocks are trading lower on Wednesday even as major indexes on Wall Street notched fresh record highs again overnight. Here are four money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Osho Krishan, Anand Rathi
ITC | Buy | Stop loss: Rs 226 | Price target: Rs 254
SAIL | Buy | Stop loss: Rs 114 | Price target: Rs 128
Recommendations by: Mudit Goyal, SMC
IDFC First Bank | Buy | Stop loss: Rs 51 | Price target: Rs 56
Ashok Leyland | Buy | Stop loss: Rs 140 | Price target: Rs 149
(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.)