Trading ideas: six stock recommendations for Tuesday

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 20 points at the opening bell. Overseas, Asian stocks are mostly up on Tuesday, with investors continuing to monitor the global economic recovery from COVID-19. Here are six money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Sneha Seth, Angel One

Tata Steel | Buy | Stop loss: Rs 1,190 | Price target: Rs 1,300

M&M | Buy | Stop loss: Rs 879 | Price target: Rs 934

Recommendations by: Astha Jain, Hem Securities

Minda Corp | Buy | Stop loss: Rs 189 | Price target: Rs 217

Hawkins | Buy | Stop loss: Rs 5,750 | Price target: Rs 6,080

Recommendations by: Vikas Salunkhe, Nirmal Bang

Godrej Properties | Buy | Stop loss: Rs 1,940 | Price target: Rs 2,060

ACE | Buy | Stop loss: Rs 234 | Price target: Rs 260

(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.)