Again on Tuesday, Nifty50 showed positive numbers and reached 10614 levels. However the Nifty failed to gain 10,630 and above levels but still, many experts predict that soon Nifty50 will cross the 10,700 levels.
Currently, the Nifty index faces the resistance at 10,610 – 10,700 levels. If the index holds 10,500 or above levels, it will rally towards 10,650-10,700 levels. On the downside, the index will be tested at 10,375-10350 levels if it will go down below 10,500 levels.
Even this situation, here are listed 5 stocks which could give up to 13% return within few months. Let’s have a look at them right now.
Uniply Industries – CMP: INR 440, Stop loss: INR 415, Target: INR 500, Return 13%
Thomas Cook (India) – CMP: INR 284, Stop loss: INR 270, Target: INR 320, Return 12%
Mahindra & Mahindra – CMP: INR 824, Stop loss: INR 790, Target: INR 910, Return 10%
Shriram Transport Finance – CMP: INR 1589, Stop loss: INR 1540, Target: INR 1720, Return 8%
Zee Entertainment Enterprises – CMP: INR 595, Stop loss: INR 570, Target: INR 660, Return 11%
The above stocks are listed here based on the current stock situation and history. Confirm stock value with your experts before making any decision.