Trading ideas: 6 stock recommendations for Tuesday
Niram Bang Securities has 'Buy' rating on Kotak Mahindra Bank with a target price of Rs 1,800
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could open in the red on Tuesday. Equity benchmark Sensex rallied over 395 points on Monday, tracking gains in index majors HDFC twins, Infosys and Reliance Industries amid a mixed trend in global markets. The 30-share BSE index ended 0.75% higher at 52,880. Similarly, the broader NSE Nifty surged 112.15 points or 0.71% to 15,834.35.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Manish Shah, Nifty Triggers
Coal India | Buy | Stop loss: Rs 145 | Target price: Rs 149-154
Dabur |Buy | Stop loss: Rs 570 | Target price: Rs 605-625
NMDC | Sell | Stop loss: Rs 179 | Target price: Rs 168-165
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Kotak Mahindra Bank | Buy | Stop loss: Rs 1,710 | Target price: Rs 1,800
ONGC | Buy | Stop loss: Rs 115 | Target price: Rs 130
SRF | Buy | Stop loss: Rs 7,200 | Target price: Rs 7,800
(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.)