IEX, JSW Steel, Infosys among 6 stock picks for short-term trading opportunity

Asian stocks traded mixed on Friday as investors monitored Chinese tech stocks in Hong Kong after regulatory concerns resurfaced.

  • Publish Date - July 23, 2021 / 08:46 AM IST
IEX, JSW Steel, Infosys among 6 stock picks for short-term trading opportunity
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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell. Overseas, Asian stocks traded mixed on Friday as investors monitored Chinese tech stocks in Hong Kong after regulatory concerns resurfaced. Markets in Japan are closed on Friday for a holiday. Here are 6 money making ideas from technical analysts that may deliver positive returns in the near term.

Recommendations by: Chandan Taparia, Motilal Oswal Financial Services

Larsen & Toubro | Buy | Stop loss: Rs 1,610 | Target price: Rs 1,700

IEX | Buy | Stop loss: Rs 435 | Target price: Rs 465

Recommendations by: Sneha Seth, Angel Broking

JSW Steel | Buy | Stop loss: Rs 687.5 | Target price: Rs 738

IDFC First Bank | Buy | Stop loss: Rs 51 | Target price: Rs 56

Recommendations by: Manas Jaiswal, Manas Jaiswal Technical Research Group

United Spirits | Buy | Stop loss: Rs 664 | Target price: Rs 700

Infosys | Buy | Stop loss: Rs 1,569 | Target price: Rs 1,630

(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.)

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