Trading ideas: six stock recommendations for Friday

Arihant Capital Markets is bullish on Adani Enterprises with a price target of Rs 1,920 per share.

  • Money9
  • Publish Date - January 14, 2022 / 08:46 AM IST
Trading ideas: six stock recommendations for Friday
Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 73 points at the opening bell. Overseas, Asian stocks are trading lower on Friday as the recent rally in U.S. stocks broke momentum with the Nasdaq snapping a three-day winning streak. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Rajesh Palviya Jain, Axis Securities

Amara Raja Batteries | Buy | Stop loss: Rs 632 | Price target: Rs 670

Tata Chemical | Buy | Stop loss: Rs 997 | Price target: Rs 1,055

Recommendations by: Ratnesh Goyal, Arihant Capital Markets

Delta Corp | Buy | Stop loss: Rs 286 | Price target: Rs 302

Adani Enterprises | Buy | Stop loss: Rs 1,82 | Price target: Rs 1,920

Recommendations by: Vikas Salunkhe, Nirmal Bang

Glenmark | Buy | Stop loss: Rs 508 | Price target: Rs 550

Adani Ports | Buy | Stop loss: Rs 760 | Price target: Rs 792

(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.)

 

(Follow Money9 for latest Personal finance videos and podcasts)