Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 211 points at the opening bell. Overseas, Asian stocks traded lower on Monday on concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Ajit Mishra, Religare Broking
ABFRL | Buy | Stop loss: Rs 214 | Target price: Rs 240
Glenmark Pharma | Buy | Stop loss: Rs 665 | Target price: Rs 710
Havells | Buy | Stop loss: Rs 1,040 | Target price: Rs 1,140
Recommendations by: Chandan Taparia, Motilal Oswal Financial Services
Tata Steel | Buy | Stop loss: Rs 1,250 | Target price: Rs 1,330
Glenmark Pharma | Buy | Stop loss: Rs 670 | Target price: Rs 720
Bata India | Buy | Stop loss: Rs 1,580 | Target price: Rs 1,690
(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.)