Trading ideas: 7 stock recommendations for Tuesday

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 81 points at the opening bell. Overseas, Asian stocks traded higher on Tuesday as investors mulled corporate earnings as well as the prospect of tightening monetary policy to restrain inflation. Minutes from the Reserve Bank of Australia’s October monetary policy meeting showed the RBA expecting the Australian economy to “return to growth in the December quarter and to its pre-Delta path in the second half of 2022.” Here are 6 money making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Nirav Chheda, Nirmal Bang Securities

ICICI Bank | Buy | Stop loss: Rs 720 | Target price: Rs 780

State Bank of India | Buy | Stop loss: Rs 485 | Target price: Rs 530

Bharti Airtel | Buy | Stop loss: Rs 670 | Target price: Rs 705

Recommendations by: Manish Shah, Nifty Triggers

Bank of Baroda | Buy | Stop loss: Rs 90 | Target price: Rs 98-102

DLF | Buy | Stop loss: Rs 432 | Target price: Rs 455-465

Recommendations by: Marwadi Shares and Finance

Kotak Mahindra Bank | Buy | Stop loss: Rs 1928 | Target price: Rs 2140/2200

JSW Steel | Buy | Stop loss: Rs 659 | Target price: Rs 735/752

(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.)