The Nifty closed just 2 points below than yesterday and fell into the red, how ridiculous it is? After 4 days, the Nifty couldn’t manage to get improved numbers. Currently, Nifty closed at 11,132 levels and that’s a satisfied number for the experts and investors as Nifty can still trade above 11,100 levels.
The relative strength index is still in a bull territory and will get a good position after the correction. Here is a list of stocks that could deliver 19% (approx.) return in the next couple of months.
Ujjivan Financial Services – CMP: INR 392, Target: INR 445-465, Stop Loss: INR 360, Return 14-19%
Suven Life – CMP: 238, Target: INR 265-285, Stop Loss: INR 215, Return 11-20%
Dr Lal PathLabs – CMP: INR 927, Target: INR 985-1015, Stop Loss: INR 885, Return 6-9%
Apollo Tyres – Target: INR 300, Stop Loss: INR 255, Return 11%
ITC – Target: INR 312, Stop Loss: INR 267, Return 10%
Disclaimer: The stocks listed above are based on the current Nifty index & RSI levels. So, it’s essential to check with the certified expert before making your mind to invest in the stock market.