Trading ideas: two stock recommendations for December 17
Axis Securities is bullish on Infosys with a price target of Rs 1,830 - 1,845 per share.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 45 points at the opening bell. Overseas, Asian stocks are trading mixed on Friday, following overnight losses on Wall Street. The Bank of Japan is due to announce its monetary policy decision today. U.S. stocks slid on Thursday as weakness among large tech stocks dragged down major market averages. Here are two money-making ideas from technical analysts that may deliver solid returns in the near term.
Recommendations by: Rajesh Palviya of Axis Securities
Infosys | Buy | Stop loss: Rs 1745 | Price target: Rs 1830-1845
Dhampur Sugar| Buy | Stop loss: Rs 303 | Price target: Rs 335
(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.)