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Chandan Taparia of Motilal Oswal Financial Services is positive on MTAR Technologies with a target price of Rs 1,530.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 140 points at the opening bell. The Markit Manufacturing PMI data for September will be declared today, 1 October 2021. The output of India’s eight core industries grew by 11.6% in August compared with 9.9% in the previous month even as the base effect was less beneficial. The core sector, comprising coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity, had contracted 6.9% in August last year, as against 7.6% in July. Here are 4 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nilesh Jain, Centrum Broking
MTAR Technologies | Buy | Stop loss: Rs 1428 | Target price: Rs 1525
Gujarat Gas | Buy | Stop loss: Rs 625 | Target price: Rs 660
Recommendations by: Chandan Taparia, Motilal Oswal Financial Services
MTAR Technologies | Buy | Stop loss: Rs 1425 | Target price: Rs 1530
United Spirits | Buy | Stop loss: Rs 832 | Target price: Rs 890
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