Trading ideas: 6 stock recommendations for Tuesday

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could decline around 20 points at the opening bell on Tuesday.  Earlier, equity benchmark Sensex jumped 228 points to its fresh lifetime high on Monday, tracking gains in index heavyweights Reliance Industries, TCS and ICICI Bank. After starting on a tepid note, the 30-share BSE Sensex rose 228.46 points, or 0.44%,  to finish at its all-time high of 52,328.51. Similarly, the broader NSE Nifty surged 81.40 points, or 0.52%, to a record 15,751.65.

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

Recommendations by: Ajit Mishra, Religare Broking Infosys | Buy | Stop loss: Rs 1360 | Target price: Rs 1440

L&T Finance Holdings | Buy | Stop loss: Rs 93 | Target price: Rs 104

Tata Power | Buy | Stop loss: Rs 108 | Target price: Rs 122

Recommendations by: Mehul Kothari, Anand Rathi Shares and Stock Brokers Alkem Labs | Buy | Stop loss: Rs 3070 | Target price: Rs 3280

Dr LalPath Labs | Buy | Stop loss: Rs 2,900 | Target price: Rs 3,050

Petronet LNG | Buy | Stop loss: Rs 244 | Target price: Rs 260

(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.)