The Nifty closed with a weak note on Monday and couldn’t manage to remain in the Green and again put the stock market in the volatile state. The rising prices of crude oil and weakness in rupee are core reasons behind the fall.
The nifty failed to take a great start but will gain good high in the next couple of days in this week. Here is a list of stocks that could give up to 12% return in a couple of months.
Greaves Cotton Limited – CMP: INR 143.50, Target: INR 148-153, Stop Loss: INR 133, Return 8-11%
Godrej Industries Limited – CMP: INR 627, Target: INR 655-663, Stop Loss: INR 600, Return 6-7%
Adani Ports Ltd – CMP: INR 372.05, Target: INR 388-393, Stop Loss: INR 358, Return 5-7%
Firstsource Solutions Ltd – CMP: INR 70.40, Target: INR 79, Stop Loss: INR 67, Return 12%
Dabur India – LTP: INR 391.45, Target: INR 425-430, Stop Loss: INR 365, Return 10%
Tata Steel – CMP: INR 567.85, Target: INR 605, Stop Loss: INR 547, Return 6%
Kolte-Patil Developer Ltd – Target: INR 302, Stop-loss: INR 261, Return: 10%
Edelweiss Financial Services Ltd – Target: INR 313, Stop-loss: INR 280, Return 6%
Yes Bank – CMP: 339.60, Target: INR 369, Stop Loss: INR 325, Return 8%
Disclaimer: The stocks listed above are based on current Nifty levels, crude oil prices, weakness of rupees and the growth of each stock in recent times. So, confirm with the stock market experts before taking any big investment decision.