Trading ideas: 8 stock recommendations for March 5

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 186 points at the opening bell. Overseas, Asian stocks declined on Friday trade as investors watched bond yields as well as technology stocks in the region.

Here are 8 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Nirav Chheda of Nirmal Bang Securities

Dr Reddy’s Labs | Buy | Stop loss: Rs 4,450 | Target price: Rs 4,800

UltraTech Cement | Buy | Stop loss: Rs 6,600 | Target price: Rs 7,100

NMDC | Buy | Stop loss: Rs 133 | Target price: Rs 149

Recommendations by: Jay Thakkar, Marwadi Share and Finance Navinfluorine | Buy | Stop loss: Rs 2,730 | Target price: Rs 3,050-3,150

Hindustan Unilever | Buy | Stop loss: Rs 2,145 | Target price: Rs 2,300-2360

Recommendations by: Mazhar Mohammad of Chartview India

JSW Energy | Buy | Stop loss: Rs 79 | Target price: Rs 92

Gati | Buy | Stop loss: Rs 98 | Target price: Rs 124

Welspun Corporation | Buy | Stop loss: Rs 130 | Target price: Rs 145

(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.)