Trading ideas: 6 stock recommendations for Monday

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 2 points at the opening bell. Overseas, Asian stocks are trading mixed on Monday as investors watched moves in the Turkish lira following a sudden upheaval at the country’s central bank. The Turkish lira slumped toward a record low versus the dollar after President Tayyip Erdogan stunned investors over the weekend by replacing the hawkish central bank governor with a critic of high-interest rates.

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

Recommendations by Jay purohit, Motilal Oswal Financial Services

BPCL | Buy | Stop loss: Rs 418 | Target price: Rs 455

Pidilite Industries | Buy | Stop loss: Rs 1695 | Target price: Rs 1,850

Bharti Airtel | Buy | Stop loss: Rs 510 | Target price: Rs 570

Recommendations by Mazhar Mohammad, Chartview India

Tata Power | Buy | Stop loss: Rs 95 | Target price: Rs 114

Gujarat Mineral Development Corporation | Buy | Stop loss: Rs 55 | Target price: Rs 65

Usha Martin | Buy | Stop loss: Rs 30 | Target price: Rs 34

(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.)