Indian market is expected to open higher on Friday tracking positive global cues.
The S&P BSE Sensex recouped losses in the previous trading session and closed in the green for the fifth consecutive day on Thursday. Nifty50 closed above 17550 levels.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities told ETBureau
SBI: Buy| Target Rs 575| Stop Loss Rs 545
The chart formation suggests that a bullish continuation is likely to persist in the near term.
India Cements: Buy| Target Rs 240| Stop Loss Rs 230
The stock formed a reversal formation from its multiple support area that indicates that an uptrend is likely to resume.
ICICI Prudential Life Insurance: Buy| Target Rs 535| Stop Loss Rs 510
The stock witnessed a range breakout along with a bullish engulfing candlestick pattern with rising volumes.
: Buy| Target Rs 212| Stop Loss Rs 202
The stock formed a rounding bottom chart formation on the daily charts which suggests traction for a fresh up move.
Expert: Kunal Bothra, Market Expert told ETNow
: Buy| Target Rs 1040| Stop Loss Rs 1000
UPL: Buy| Target Rs 740| Stop Loss Rs 680
: Buy| Target Rs 600| Stop Loss Rs 560
Expert: Nooresh Merani, an independent technical analyst told ETNow
: Buy| Target Rs 235| Stop Loss Rs 212
: Buy| Target Rs 460| Stop Loss Rs 405
: Buy| Target Rs 950| Stop Loss Rs 780
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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