Trading ideas: 9 stock recommendations for August 17, Tuesday

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Trading of Nifty 50 index futures on the Singapore stock exchange (SGX Nifty) indicates that the Nifty could fall 20 points at the opening bell. Overseas, Asian stocks traded mixed on Tuesday as investors weighed a record-breaking run in the Dow and S&P 500 against concerns that the delta virus variant will choke global growth. Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Ajit Mishra, Religare Broking Berger Paints | Buy | Stop loss: Rs 795 | Target price: Rs 840

Indian Oil Corporation (IOC) | Buy | Stop loss: Rs 103 | Target price: Rs 112

Bandhan Bank Aug Fut | Sell | Stop loss: Rs 306 | Target price: Rs 282

Recommendations by: Santosh Meena, head of research, Swastika Investmart

PNC Infratech | Buy | Stop loss: Rs 307 | Target price: Rs 330

Colgate Palmolive | Buy | Stop loss: Rs 1,645 | Target price: Rs 1,725

BPCL | Buy | Stop loss: Rs 456 | Target price: Rs 480

Recommendations by: Mazhar Mohammed, Chartview India

Dr Lalpath Labs | Buy | Stop loss: Rs 3,800 | Target price: Rs 3,999

Finolex Industries | Buy | Stop loss: Rs 164 | Target price: Rs 182

Manappuram Finance | Buy | Stop loss: Rs 163 | Target price: Rs 179

(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.)