Trading ideas: three stock recommendations for Friday
Proficient Equities is bullish on Gujarat Fluorochemicals with a price target of Rs 2,488 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could decline 45 points at the opening bell, tracking mixed Asian cues. Overseas, Asian shares were mixed in Friday, as investors continue to monitor the situation surrounding the omicron Covid variant. Here are three money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Manoj Dalmia, Proficient Equities
Texmo Pipes | Buy | Stop loss: Rs 64.50 | Price target: Rs 75
Gujarat Fluorochemicals | Buy | Stop loss: Rs 2,238 | Price target: Rs 2,488
Recommendations by: Ravi Singhal, GCL Securities
Birlasoft | Buy | Stop loss: Rs 455 | Price target: Rs 515
(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.)