Trading ideas: 6 stock recommendations for August 24, Tuesday
Mudit Goyal of SMC Global Securities is positive on SBI Life with a target price of Rs 1,170.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 88 points at the opening bell. Overseas, Asian stocks traded higher on Tuesday, after the tech-heavy Nasdaq Composite jumped to a record closing high following the US Food and Drug Administration’s full approval of Pfizer and BioNTech’s Covid-19 vaccine. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Manish Shah, Nifty Triggers
ICICI Prudential Life | Buy | Stop loss: Rs 660 | Target price: Rs 710-730
Wipro | Buy | Stop loss: Rs 615 | Target price: Rs Target price: Rs 650-680
Cadila | Sell | Stop loss: Rs 565 | Target price: Rs 520-500
Recommendations by: Mudit Goyal, SMC Global Securities
SBI Life | Buy | Stop loss: Rs 120 | Target price: Rs 1,170
Info Edge | Buy | Stop loss: Rs 5,450 | Target price: Rs 5,600
PVR | Sell | Stop loss: Rs 1330 | Target price: Rs 1,270
(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.)