Trading ideas: 6 stock recommendations for March 9

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Nifty futures were trading 88 points or 0.59% higher at 15,070 on Singapore Exchange, indicating a positive opening for BSE Sensex and Nifty 50 on Tuesday. The benchmark equity indices Sensex and Nifty eke out gains on Monday after two sessions of decline as investors snapped up energy, IT and pharma shares. After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07% higher at 50,441.07.

Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Milan Vaishnav of Gemstone Equity Research and Advisory

HCL Technologies | Buy above Rs 962 | Target price: Rs 995 | Stop loss: Rs 945

Mahindra & Mahindra | Buy above Rs 851 | Target price: Rs 890 | Stop loss: Rs 830

Indian Oil Corporation | Buy above Rs 104 | Target price: Rs 114 | Stop loss: Rs 98

Recommendations by: Manas Jaiswal of Manasjaiswal.com

Glenmark Pharma | Buy | Target price: Rs 515 | Stop loss: Rs 470

UPL | Buy | Target price: Rs 655 | Stop loss: Rs 619

IndusInd Bank | Sell | Target price: Rs 960 | Stop loss: Rs 1,051