Trading ideas: 6 stock recommendations for September 15, Wednesday
Milan Vaishnav of Gemstone Equity Research and Advisory is positive on ITC with a target price of Rs 223.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 27 points at the opening bell. On the macro front, India’s exports rose by 45.76% to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday. Imports during the month increased by 51.72% to $47.09 billion, the data showed. Trade deficit in August widened to $13.81 billion as against $8.2 billion in the same month last year. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Milan Vaishnav, Gemstone Equity Research and Advisory
ITC | Buy | Stop loss: Rs 212 | Target price: Rs 223
Infosys | Buy | Stop loss: Rs 1,660 | Target price: Rs 1720
Ashok Leyland | Buy | Stop loss: Rs 119 | Target price: Rs 133
Recommendations by: Manas Jaiswal of manasjaiswal.com
Tata Steel | Buy | Stop loss: Rs 1,434 | Target price: Rs 1,525
Cholamandalam Investment and Finance | Stop loss: Rs 564 | Target price: Rs 625
Recommendations by: Mudit Goyal of SMC Global Securities
Mphasis | Buy | Stop loss: Rs 3,020 | Target price: Rs 3,100
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