Trading ideas: four stock recommendations for November 15
Chartviewindia.in is bullish on SBI Life Insurance with a price target of Rs 1,212 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 92 points at the opening bell. On the macro front, India’s retail inflation rose marginally to 4.48% in the month of October from 4.35% in September, data released by the government showed on Friday. Meanwhile, industrial production for the month of September grew by 3.1% as compared to 1% in the same month last year, according to the data released by the ministry of statistics and programme implementation (MoSPI). IIP surged 11.9% in the month of August. Here are four money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Mazhar Mohammed, Chartviewindia.in
Time Technoplast | Buy | Stop loss: Rs 69 | Price target: Rs 75
SBI Life Insurance | Buy | Stop loss: Rs 1,145 | Price target: Rs 1,212
Recommendations by: Lovelesh Sharma, Finversify
Suprajit Engineering | Buy | Stop loss: Rs 352 | Price target: Rs 435
ICICI Prudential Life Insurance | Buy | Stop loss: Rs 650 | Price target: Rs 720
(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.)