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Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Overseas, Asian stocks mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report for June overnight.
Domestic equity markets are likely to get a flat-to-positive start on Wednesday amid mixed global cues. Some support will come with a report that the registration for the next phase of Covid-19 vaccinations for all above 18 years of age opens. The benchmark BSE Sensex and NSE Nifty ended higher on Tuesday led by strong gains in metals, banks and auto stocks. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Lupin | Buy | Stop loss: Rs 1045 | Target price: Rs 1100
National Aluminium | Buy | Stop loss: Rs 58 | Target price: Rs 67
NMDC | Buy | Stop loss: Rs 141 | Target price: Rs 158
Recommendations by: Vikas Jain, Reliance Securities
Piramal Enterprises | Buy | Stop loss: Rs 1600 | Target price: Rs 1800
Canara Bank | Buy | Stop loss: Rs 132 | Target price: Rs 155
Siemens | Sell | Stop loss: Rs 1970 | Target price: Rs 1630
(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.)