Trading ideas: two stock recommendations for December 21

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could advance 151 points at the opening bell. Overseas, Asian stocks are trading higher on Tuesday as investors continued to monitor the situation surrounding the omicron Covid variant. Here are two money-making ideas from technical analysts that may deliver solid returns in the near term.

Recommendations by: Bharat Gala, Ventura Securities

Persistent Systems | Buy | Stop loss: Rs 4,100 | Price target: Rs 5,600

AXISCADES Engineering Technologies | Buy | Stop loss: Rs 74 | Price target: Rs 140

(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.)