Trading ideas: four stock recommendations for December 02
Finversify is bullish on L&T Technology Services with a price target of Rs 5,650 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slip 84 points at the opening bell. Stocks in Asia-Pacific struggled for direction in Thursday trade as concerns over the economic impact of the omicron Covid variant continue to weigh on investor sentiment. Here are four money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Milan Vaishnav, EquityResearch.asia
HDFC Bank | Buy | Stop loss: Rs 1,485 | Price target: Rs 1,540
Ashok Leyland | Buy | Stop loss: Rs 118 | Price target: Rs 128
Recommendations by: Lovelesh Sharma, Finversify
L&T Technology Services | Buy | Stop loss: Rs 5,050 | Price target: Rs 5,650
Alkem | Buy | Stop loss: Rs 3,480 | Price target: Rs 3,890
(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.)