Trading ideas: 5 stock recommendations for September 23, Thursday
Nilesh Jain of Centrum Broking is positive on Manappuram Finance with a target price of Rs 176.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 104 points at the opening bell. Overseas, Asian stocks are trading mostly higher on Thursday as investors continue monitoring the situation surrounding China Evergrande Group. Markets in Japan are closed on Thursday. As per reports, China Evergrande Group’s chairman said the firm’s top priority is to help wealthy investors redeem their products, though questions remain over whether the embattled Chinese developer will pay the interest due on a dollar-denominated bond on Thursday.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Osho Krishan, Anand Rathi Shares and Stock Brokers
Adani Enterprises | Buy | Stop loss: Rs 1,350 | Target price: Rs 1,560
Berger Paints | Buy | Stop loss: Rs 785 | Target price: Rs 860
Cipla | Buy | Stop loss: Rs 920 | Target price: Rs 1,025
Recommendations by: Nilesh Jain, Centrum Broking
Manappuram Finance | Buy | Stop loss: Rs 169 | Target price: Rs 176
Aarti Industries | Buy | Stop loss: Rs 895 | Target price: Rs 950
(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.)