Trading ideas: 6 stock recommendations for Tuesday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
The benchmark equity indices are likely to open in the red on Tuesday tracking mixed global cues. In the previous trading session, equity benchmark Sensex reversed early gains to close 189 points lower on Monday, pressured by Reliance Industries and IT stocks, as investors gave a lukewarm response to the government’s fresh stimulus measures for Covid-hit sectors.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Sun Pharma | Buy | Stop loss: Rs 660 | Target price: Rs 710
Bharti Airtel | Buy | Stop loss: Rs 515 | Target price: Rs 560
HDFC Bank | Buy | Stop loss: Rs 1490 | Target price: Rs 1550
Recommendations by: Manish Shah, NiftyTriggers
HCL Technologies | Sell | Stop loss: Rs 1005 | Target price: Rs 950-935
Canara Bank | Buy | Stop loss: Rs 150 | Target price: Rs 162-168
Trent | Buy | Stop loss: Rs 870 | Target price: Rs 920-940
(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.)