After having increased for last 3-4 days, the Nifty crossed 11,500 levels on Thursday and opened the door of opportunities for the investors. The price movement has already made a pattern (a rising optimism) on the daily charts.
On the higher end, the Nifty index may cross 11,200 levels & above while on the downside, the index level 11,070 to 11,000 may be a crucial support. Here is a list of 4 stocks that could give up to 12% in the next couple of months.
Mahanagar Gas Ltd – CMP: INR. 876.75, Target INR 972, Stop-Loss INR.829, Return 10%
Pidilite Industries Ltd – CMP: INR. 1117.65, Target INR 1207, Stop-Loss INR.1069, Return 8%
Century Textile Ltd – CMP: INR.904.85, Target INR 1,000, Stop-Loss INR.859, Return 10%
Kajaria Ceramics Ltd – CMP: INR.444.30, Target INR.500, Stop-Loss INR.422, Return 12%
Disclaimer: The stocks listed above are totally based on the current Nifty levels and the growth of individual stocks. So, check with the certified experts first and then take any big investment decision.