Trading ideas: six stock recommendations for January 19

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 19 points at the opening bell. Overseas, Asian stocks are trading lower on Wednesday following an overnight sell-off on Wall Street. US stocks fell sharply Tuesday as government bond yields hit Covid-era highs. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Nilesh Jain, Centrum Broking

Axis Bank | Buy | Stop loss: Rs 711 | Target: Rs 750

Ramco Industries | Buy | Stop loss: Rs 272 | Target: Rs 292

Recommendations by: Rajesh Palviya Jain, Axis Securities

Prestige Estates | Buy | Stop loss: Rs 515 | Target: Rs 550

Chola Investment | Buy | Stop loss: Rs 598 | Target: Rs 655

Recommendations by: Sameet Chavan, Angel One

HDFC Bank | Buy | Stop loss: Rs 1,498 | Target: Rs 1,572

Tech Mahindra | Sell | Stop loss: Rs 1,702 | Target: Rs 1,595

(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.)