Trading ideas: 6 stock recommendations for Wednesday
Here are 6 money making ideas from technical analysts that may deliver a good return in the near term.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 50 points at the opening bell. Overseas, Asian stocks are mostly higher on Wednesday following mixed gains on Wall Street.
Here are 6 money making ideas from technical analysts that may deliver a good return in the near term.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities
SBI Life | Buy between Rs 890/880 | Stop loss: Rs 870 | Target price: Rs 920/950
Bank of Baroda | Sell | Stop loss: Rs 82 | Target price: Rs 75
Jindal Steel and Power | Buy | Stop loss: Rs 305 | Target price: Rs 335
Recommendations by: Jay A Thakkar, CMT Vice President and Head of Research, Marwadi Shares and Finance
IGL | Buy | Stop loss: Rs 547 | Target pric: Rs 575
Berger Paints | Buy | Stop loss: Rs 745 | Target price: Rs 800/820
Kotak Mahindra Bank | Buy | Stop loss: Rs 1,915 | Target price: Rs 2000/2020
(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.)