Trading ideas: six stock recommendations for Thrusday
Nirmal Bang Securities is bearish on ACC with a price target of Rs 2,180 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 72 points at the opening bell. Overseas, Asian stocks are trading mixed on Thursday as China cut its key lending rates. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Swati Hotkar, Nirmal Bang Securities
Colgate | Sell | Stop loss: Rs 1,470 | Target: Rs 1,400
ACC | Sell | Stop loss: Rs 2,265 | Target: Rs 2,180
Recommendations by: Santosh Kumar Singh, Khandelwal Finance
BSE | Buy | Stop loss: Rs 2,090 | Target: Rs 2,300
KEI Industries | Buy |Stop loss: Rs 1,195 | Target: Rs 1,310
Recommendations by: Ratnesh Goyal, Arihant Capital Markets
HAL | Buy | Stop loss: Rs 1,415 | Target: Rs 1,485
Tata Power | Buy | Stop loss: Rs 248.50 | Target: Rs 264
(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.)