Trading ideas: 9 stock recommendations for Monday
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Benchmark equity indices BSE Sensex and NSE Nifty opened higher on Monday following firm global cues. The 30-share BSE Sensex was up 680 points, or 1.39%, at 49,780 in the early trade, while the 50-share Nifty index advanced 186 points, or 1.28%, at 14,715.
As many as 28 stocks in the Sensex index trading in the green with ONGC gaining the most 3.13%. It was followed by Power Grid (up 2.75%), Ultratech Cement (up 2.61%), IndusInd Bank (up 2.98%) and Ultratech Cement (up 2.89%). On the other hand, Maruti Suzuki and Dr Reddy’s Labs were down up to 2%.
Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Bharti Airtel | Buy | Stop loss: Rs 530 | Target price: Rs 580
ONGC | Buy | Stop loss: Rs 105 | Target price: Rs 120
HPCL | Buy | Stop loss: Rs 230 | Target price: Rs 260
Recommendations by: Aditya Agarwala, YES Securities
BEML | Buy | Stop loss: Rs 950 | Target price: Rs 1,100
Blue Star | Buy | Stop loss: Rs 790 | Target price: Rs 950
Indus Tower | Buy | Stop loss: Rs 242 | Target price: Rs 285
Recommendations by: Rohit Singre, LKP Securities
Dalmia Bharat | Buy | Stop loss: Rs 155 | Target price: Rs 170
Deepak Fert | Buy | Stop loss: Rs 180 | Target price: Rs 195
AAVAS Financier | Buy | Stop loss: Rs 2,200 | Target price: Rs 2,350
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