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Trading ideas: 9 stock recommendations for Tuesday

  • Money9
  • Last Updated : February 23, 2021, 09:00 IST
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Overseas, Asian stocks mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report for June overnight.
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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 93 points at the opening bell. Overseas, Asian stocks are trading mixed on Tuesday, as investors monitored technology stocks regionally after their counterparts declined overnight on Wall Street. Markets in Japan are closed on Tuesday for a holiday.

Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.

Mudit Goyal, SMC Global Securities Tata Chemicals | Buy | Target price: Rs 655 | Stop loss: Rs 628 Tata Consumer | Buy | Target price: Rs 640 | Stop loss: Rs 608 InterGlobe Aviation | Buy | Target Price: Rs 1,480 | Stop loss: Rs 1,532

Mehul Kothari, Anand Rathi Shares and Stock Brokers Dabur | Buy | Target price: Rs 560 | Stop loss: Rs 470 Godrej Consumer | Buy | Target price: Rs 800 | Stop loss: Rs 650 Hindustan Unilever | Buy | Target price: Rs 2370 | Stop loss: Rs 2,070

Nirav Chheda, Nirmal Bang Securities ONGC | Buy | Target price: Rs 115 | Stop loss: Rs 103 Infosys | Sell | Target price: Rs 1225 | Stop loss: Rs 1,285 Dr Reddy’s Labs | Buy | Target price: Rs 4,650 | Stop loss: Rs 4,350

(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.)

Published: February 23, 2021, 08:58 IST

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