Trading ideas: 9 stock recommendations for September 6, Monday

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Indian markets ended at record high levels on Friday led by strong gains in metals, energy and auto stocks. Today, the start of holiday truncated week is likely to be higher amid mixed global cues. Markets will remain shut on Friday, September 10, on account of Ganesh Chaturthi. Traders will be taking encouragement with a private report that recovering from the economic slump caused by the pandemic, hiring trends saw an improvement in August. The previous month saw a 26% on-year increase in hiring activity to 2.78 lakh. Although the numbers are a tad bit shy of where they were in July, experts say the trend remains positive brushing away any concerns.

Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by Ajit Mishra, Religare Broking

Axis Bank | Buy | Stop loss: Rs 780 | Target price: Rs 830

Eicher Motors | Buy | Stop loss: Rs 2,700 | Target price: Rs 3,000

ONGC | Buy | Stop loss: Rs 119 | Target price: Rs 128

Recommendations by Mazhar Mohammad, Chartview India

NCC | Buy | Stop loss: Rs 76 | Target price: Rs 88

Sterlite Tech | Buy | Stop loss: Rs 260 | Target price: Rs 288

TV18 Broadcast | Buy | Stop loss: Rs 34 | Target price: Rs 40

Santosh Meena, head of research, Swastika Investmart

Zomato | Buy | Stop loss: Rs 142 | Target price: Rs 164

Angel Broking | Buy | Stop loss: Rs 1,190 | Target price: Rs 1,320

Century Textile | Buy | Stop loss: Rs 828 | Target price: Rs 900

(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.)