The Nifty Crossed 11,300 levels first time in the current year. For the last couple of day, the Nifty closed end with the positive note and never went to the red. Many experts still feel that this rally isn’t over yet & see the Nifty hitting fresh high in the August series.
Here is a list of stocks that could deliver 11% return in the short time.
Phillips Carbon Black Ltd – LTP: Rs 234.85, Target: Rs 260, Stop-loss: Rs. 220, Return: 11%
Century Textiles Ltd – CMP: Rs 938.65, Target: Rs 980-1000, Stop Loss: Rs 915, Return 5-7%
Motherson Sumi – CMP: Rs 320, Target: Rs 334-342, Stop Loss: Rs 307, Return 6-9%
HDFC Life – CMP: Rs 507.3, Target: Rs 535-545, Stop Loss: Rs 490, Return 6-8%
GAIL India Ltd – CMP: Rs 378.65, Target: Rs 393-400, Stop Loss: Rs 366, Return 5-7%
Arvind – LTP: Rs. 426.15, Target: Rs 469, Stop Loss: Rs 401.70, Return 10%
Federal Bank – LTP: 90.65,, Target: Rs 98, Stop Loss: Rs 84, Return 9%
Century Textiles Ltd – LTP: Rs 941.95, Target: Rs 998, Stop Loss: Rs 909, Return 6%
Disclaimer: The stocks listed above are based on the current Nifty levels and the recent growth of individual stocks. So, check with the certified professional before making any big investment decisions.