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Trading ideas: 9 stock recommendations for Tuesday

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

Indian stock markets are expected to trade lower in opening trade, tracking sharp declines in US markets and in Asian peers amid inflation fears. Investors will keep an eye on corporate earnings and the results of the MSCI May 2021 semi-annual index review, which is set to be released later in the day.
Meanwhile, on the Covid front, with 329,517 fresh infections, India recorded a significant drop in the number of daily cases for the second straight day.

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

Recommendations by: Manas Jaiswal, Independent Technical Analyst

Torrent Pharma | Buy | Stop loss: Rs 2649 | Target price: Rs 2950 REC | Buy | Stop loss: Rs 131 | Target price: Rs 144

Recommendations by: Chandan Taparia, Vice President, Analyst-Derivatives, MOFSL

Sun Pharma | Buy | Stop loss: Rs 680 | Target price: Rs 730

PNB | Sell | Stop loss: Rs 37 | Target price: Rs 32

Recommendations by: Mudit Goyal, Senior Research Analyst at SMC

Ramco Cement | Sell | Stop loss: Rs 970 | Target price: Rs 910

Maruti Suzuki | Buy | Stop loss: Rs 6690 | Target price: Rs 6850

(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: May 11, 2021, 09:26 IST

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