Trading ideas: 6 stock recommendations for August 23, Monday

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 175 points at the opening bell. Overseas, Asian stocks traded higher on Monday as traders sought to take advantage of last week’s selloff while weighing risks from the delta virus strain and China’s regulatory curbs. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Mazhar Mohammad, Charview India

Majesco | Buy | Stop loss: Rs 77 | Target price: Rs 97

Godrej Agrovet | Buy | Stop loss: Rs 617 | Target price: Rs 677

Dabur | Buy | Stop loss: Rs 590 | Target price: Rs 647

Recommendations by: Ajit Mishra, Religare Broking

HUL | Buy | Stop loss: Rs 2510 | Target price: Rs 2,800

Bank of Baroda | Sell | Stop loss: Rs 79 | Target price: Rs 67

United Spirits | Buy | Stop loss: Rs 668 | Target price: Rs 740

(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.)