Trading ideas: 6 stock recommendations for Monday

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall over 100 points at the opening bell. Benchmark equity indices snapped their four-day winning streak on Friday to close deep in the red as the grim Covid-19 situation and lacklustre Asian cues triggered unwinding of risky bets. The 30-share BSE Sensex sank 983.58 points or 1.98% to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77% to 14,631.10.

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

Recommendations by: Mazhar Mohammad, Chartview India Nocil | Buy | Stop loss: Rs 177 | Target price: Rs 184

Heidelberg Cement | Buy | Stop loss: Rs 228 | Target price: Rs 257

Usha Martin | Buy | Stop loss: Rs 40 | Target price: Rs 57

Recommendations by: Ajit Mishra, Religare Broking

Aurobindo Pharma | Buy | Stop loss: Rs 930 | Target price: Rs 1080

Concor | Buy | Stop loss: Rs 550 | Target price: Rs 305

Bandhan Bank | Sell | Stop loss: Rs 345 | Target price: Rs 305

(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.)