The benchmark equity indices BSE Sensex and NSE Nifty are likely to open in the red on Monday tracking mixed global cues. In the previous trading session, Sensex and Nifty ended the volatile session with decent gains on Friday. The Nifty ended above the 15,850 level after slipping below the 15,800 mark in early trade. The BSE Sensex added 138.59 points or 0.26% at 52,975.80. The Nifty 50 index advanced 32 points, or 0.2% at 15,856.05. The market breadth stood negative. On the BSE, 1,579 shares rose and 1,667 shares fell. A total of 123 shares were unchanged.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Ajit Mishra, Religare Broking
Manappuram Finance | Buy| Stop loss: Rs 184 | Target price: Rs 214
DLF | Buy | Stop loss: Rs 322 | Target price: Rs 352
Sun Pharma | Buy | Stop loss: Rs 680 | Target price: Rs 725
Recommendations by: Mazhar Mohommad, Chartview India
Tata Coffee | Buy | Target price: Rs 217 | Stop loss: Rs 198
Rico Auto | Buy | Stop loss: Rs 50 | Target price: Rs 63
Sun Pharma | Buy | Stop loss: Rs 680 | Target price: Rs 717
(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.)