Trading ideas: 6 stocks recommendations for November 01
Religare is bullish on Aditya Birla Fashion and Retail with price target of Rs 288 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 29 points at the opening bell. Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for October starting from 1 November 2021. On the macro front, Markit Manufacturing PMI for October will be declared today, 1 November 2021. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Mazhar Mohammad, Chartviewindia.in
Canara Bank | Buy | Stop loss: Rs 190 | Target: Rs 247
Spencer Retail | Buy | Stop loss: Rs 115 | Target: Rs 138
HAL | Buy | Stop loss: Rs 1,220 | Target: Rs 1,427
Recommendations by: Ajit Mishra, Religare
Aditya Birla Fashion and Retail | Buy | Stop loss: Rs 248 | Target: Rs 288
Ramco Cement | Buy | Stop loss: Rs 995 | Target: Rs 1,200
Bandhan Bank | Sell | Stop loss: Rs 305 | Target: Rs 260
(Disclaimer: The recommendations in this story are by the respective research and brokerage firm. Money9 & its management do not bear any responsibility for their investment advice. Please consult your investment advisor before investing.)