Money making ideas: 6 stock recommendations for Tuesday

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Benchmark equity indices BSE Sensex and NSE Nifty are likely to open higher on Tuesday after the government announced a liberalised and accelerated Covid-19 vaccination programme beginning May 1, where all above 18 years of age will be eligible to be vaccinated. Also, vaccine manufacturers have been empowered to release up to 50% of supplies directly to state governments and in the open market at pre-declared prices, a move that would boost availability of the prophylactics to the people.

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

Recommendations by: Manish Shah, NiftyTrigers

Ambuja Cements | Buy | Stop loss: Rs 290 | Target price: Rs 312-325

Power Grid | Sell| Stop loss: Rs 207 | Target price: Rs 192-187

Britannia| Buy | Stop loss: Rs 3680 | Target price: Rs 3830-3950

Recommendations by: Chandan Taparia, Motilal Oswal Financial Services

Apollo Hospital | Buy | Stop loss: Rs 3070 | Target price: Rs 3300

Glenmark | Buy | Stop loss: Rs 565 | Target price: Rs 606

Kotak Mahindra Bank | Sell | Stop loss: Rs 1745 | 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.)