Trading ideas: 6 stock recommendations for August 31, Tuesday
Here are 6 money making ideas from technical analysts that may deliver decent returns in the near term.
Trading of Nifty50 index futures on the Singapore stock exchange indicates that the Nifty could fall 37 points at the opening bell. India’s gross domestic product (GDP) for the April-June quarter of the ongoing fiscal will be released today, 31 August 2021. Overseas, Asian stocks traded mostly lower on August 31 as data showed slowing Chinese factory activity growth in August. Here are 6 money making ideas from technical analysts that may deliver decent returns in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Axis Bank | Buy | Stop loss: Rs 760 | Target price: Rs 840
Reliance Industries | Buy | Stop loss: Rs 2220 | Target price: Rs 2360
ICICI Bank | Buy | Stop loss: Rs 700 | Target price: Rs 750
Recommendations by: Manish Shah, Nifty Triggers
HDFC | Buy | Target price: Rs 3750-3850 | Stop loss: Rs 2690
Dr Lal Pathlabs | Buy | Target price: Rs 4100-4200 | Stop loss: Rs 3,880
Tata Power | Buy | Target price: Rs Rs 138-142 | Stop loss: Rs 125
(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)