Trading ideas: six stock recommendations for January 21

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 122 points at the opening bell. Overseas, Asian stocks are trading lower on Friday, tracking declines on Wall Street overnight. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Sacchitanand Uttekar, Tradebulls

BEL | Buy | Stop loss: Rs 206 | Target: Rs 223

Amara Raja | Sell | Stop loss: 642 | Target: Rs 615

Recommendations by: Nitilesh Pawaskar, Tanisha Academy

Jindal Steel | Buy | Stop loss: Rs 415 | Target: Rs 432

Escorts | Sell | Stop loss: Rs 1,866 | Target: Rs 1,830

Recommendations by: Manas Jaiswal, Manasjaiswal.com

Powergrid | Buy | Stop loss: Rs 209 | Target: Rs 225

MOIL | Buy | Stop loss: Rs 169 | Target: Rs 182

(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.)