Trading ideas: 6 stock recommendations for July 29, Thursday

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The benchmark equity indices are likely to open in the green on Thursday tracking mixed global cues. Earlier, the domestic equity indices ended a volatile trading session with minor cuts on Wednesday. The Nifty recovered from the day’s low managed to close above 15,700 mark after hitting a day’s low of 15,513.45. PSU Banks declined the most, followed by auto and realty stocks. The S&P BSE Sensex, fell 135.05 points or 0.26% to 52,443.71. The Nifty 50 index lost 37.05 points or 0.24% to 15,709.40. In the broader market, the S&P BSE Midcap index ended flat while the S&P BSE Smallcap index fell 0.45%. Sellers outnumbered the buyers. On the BSE, 1414 shares rose and 1,791 shares fell. A total of 128 shares were unchanged. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Rohit Singre, LKP Securities

Godrej Agrovet | Buy | Stop loss: Rs 644 | Target price: Rs 666

Bharat Electronics | Buy | Stop loss: Rs 185 | Target price: Rs 193/195

Recommendations by: Sneha Seth, Angel Broking

Hindalco | Buy | Stop loss: Rs 406.7 | Target price: Rs 431

Hindustan Unilever | Buy | Stop loss: Rs 2,300 | Target price: Rs 2,460

Recommendations by: Manas Jaiswal, Manas Jaiswal Technical Research Group

Hindalco | Buy | Stop loss: Rs 409 | Target price: Rs 435

SBI Life | Buy | Stop loss: Rs 1,084 | Target price: Rs 1,145

(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.)