Trading ideas: 6 stock recommendations for Monday

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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could open in the green on Monday. Earlier, equity indices buckled under selling pressure for the second straight session on Friday as risk appetite remained subdued amid lacklustre global cues and lower-than-expected results from IT major TCS. Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall. The 30-share BSE Sensex ended 182.75 points or 0.35 per cent lower at 52,386.19. The broader NSE Nifty dropped 38.10 points or 0.24 per cent to close at 15,689.80.

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

Recommendations by: Mazhar Mohammad, Chartview India

Ashok Leyland | Buy | Stop loss: Rs 119 | Target price: Rs 132

BHEL | Buy | Stop loss: Rs 63 | Target price: Rs 74

Philips Carbon Black | Buy | Stop loss: Rs 229 | Target price: Rs 257

Recommendations by: Ajit Mishra, Religare Broking

Bharti Airtel | Buy | Stop loss: Rs 518 | Target price: Rs 560

Berger Paints | Buy | Stop loss: Rs 815 | Target price: Rs 885

Tata Chemicals | Buy | Stop loss: Rs 745 | Target price: Rs 810

(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.)