Trading ideas: 6 stock recommendations for Monday

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The benchmark equity indices are likely to open in the green on Monday tracking mixed global cues. In the previous trading session, market gauges Sensex and Nifty broke their four-session losing run on Friday as the emergence of buying in financial, pharma and IT stocks negated losses in metal counters. After range-bound trading through the day, the BSE Sensex ended 166.07 points or 0.32% higher at 52,484.67. Likewise, the broader NSE Nifty advanced 42.20 points or 0.27% to 15,722.20. On the Sensex chart, ICICI Bank was the top gainer, rising over 1.5%, followed by RIL, SBI, Titan, HDFC, Axis Bank, Bajaj Finance and Infosys.

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

Recommendations by: Mazhar Mohammad, Chartview India

Godrej Consumer | Buy | Stop loss: Rs 860 | Target price: Rs 940

Hikal | Buy | Stop loss: Rs 493 | Target price: Rs 569

Pricol | Buy | Stop loss: Rs 90 | Target price: Rs 117

Recommendations by: Mehul Kothari, Anand Rathi Share and Stock Brokers

Huhtamaki India | Buy | Stop loss: Rs 294 | Target price: Rs 306

Bluestar | Buy | Stop loss: Rs 810 | Target price: Rs 850

AU Small Finance Bank | Buy | Stop loss: Rs 1010 | Target price: Rs 1080

(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.)