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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 58 points at the opening bell. Overseas, Asian stocks traded lower on Tuesday as investors continue to monitor the situation surrounding embattled developer China Evergrande Group. Japanese stocks declined as they returned to trade following a Monday holiday. Markets in mainland China and South Korea are closed on Tuesday for a holiday. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Manish Shah, Nifty Triggers
Cadila | Sell | Target price: Rs 520-501 | Stop loss: Rs 560
Bhel | Sell | Target price: Rs 50-46 | Stop loss: Rs 57
ICICI Prudential Life Insurance Company | Buy | Target price: Rs 695-715 | Stop loss: Rs 655
Recommendations by: Mehul Kothari, Anand Rathi Shares and Stock Brokers
Voltas | Sell | Target price: Rs 1,150 | Stop loss: Rs 1,265
Tata Steel | Buy | Target price: Rs 1330 | Stop loss: Rs 1195
(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.)
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The economy is recovering but GDP is expected to be only slightly larger than it was in pre-pandemic 2019-20.
The NIP will help augment India’s productive capacity, contribute to our overall growth and bring down the logistics costs, improving competitiveness
Diversification is key and should be followed for stable and steady returns in the long run.
There is a need to continuously facilitate trade and industry and provide thrust to the growth promising sectors of Indian economy.
