The stock market started Wednesday with the positive numbers & remained in the green within a whole day. On this Tuesday, the index had formed the hammer-shaped chart which indicated bullishness. The trend is looking positive as Nifty closed above its 50-day EMA (Exponential Moving Average).
The continuous positive movement in Nifty may lead towards 10,910 levels. Here is a list of 7 stocks could give 12% return in the short time.
ACC Ltd – Target Rs 1,450, Stop Loss: Rs 1,249, Return 10%
Bharat Electronics Ltd – Target: Rs 130, Stop Loss: Rs 109, Return 12%
Federal Bank Ltd – Target RS.93, Stop Loss Rs.78, Return 12%
Sundram Fasteners – CMP Rs 600, Target Rs 760, Return 4%
Arvind Ltd – Target: Rs 434, Stop Loss: Rs 369, Return 10%
Apollo Tyre Ltd – Target: Rs 300, Stop Loss: Rs 258, Return 10%
IndusInd Bank – CMP 1920, Target Rs 2248, Return 3%
Disclaimer: The stocks listed above are based on the current stock market situation and growth of individual stock. Confirm with your stock market professional before taking any big investment decision.