Trading ideas: 6 stocks recommendations for October 25
Religare is bullish on HDFC Ltd with a price target of Rs 3,000 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 15 points at the opening bell. Overseas, Asian stocks are trading mixed on Monday as investors look ahead to the release of quarterly earnings by HSBC. Meanwhile, the Covid-19 situation in China could weigh on investor sentiment after an official warned that the outbreak could spread further, as per reports. Here are 6 money making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Ajit Mishra, Religare
HDFC | Buy | Stop loss: Rs 2,850 | Price target: Rs 3,000
Muthoot Finance | Buy | Stop loss: Rs 1,510 | Price target: Rs 1,650
Tech Mahindra | Buy | Stop loss: Rs 1,460 | Price target: Rs 1,700
Recommendations by: Mazhar Mohammad, Chartviewindia.in
Nocil | Buy | Stop loss: Rs 263 | Price target: Rs 297
Welspun Corp | Buy | Stop loss: Rs 126 | Price target: Rs 149
GE T&D | Buy | Stop loss: Rs 126 | Price target: Rs 142
(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.)