Trading ideas: 5 stocks recommendations for Friday

Gemstone Equity Research is bullish on Biocon with a price target of Rs 352 per share.

Here are five money-making ideas from technical analysts that may deliver solid returns in the near term.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 28 points at the opening bell. Overseas, Asian stocks are trading mixed as investors monitor stocks of Apple suppliers after the tech giant’s revenue miss. Here are five money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by:  Milan Vaishnav, Gemstone Equity Research

Biocon | Buy | Stop loss: Rs 332 | Price target: Rs 352

India Cements | Buy | Stop loss: Rs 194 | Price target: Rs 220

GAIL | Buy | Stop loss: Rs 138 | Price target: Rs 160

Recommendations by:  Sneha Seth, Angel One

Lupin Nov PE 880 | Buy | Stop loss: Rs 16.20 | Target: Rs 48

Hero MotoCorp Nov PE 2,600 | Buy | Stop loss: Rs 27 | Target: Rs 84

(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.)

Published: October 29, 2021, 08:59 IST
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