The Nifty consolidated for last week and remained around 11,000 levels. Yes, sometimes it fell down a little bit but could manage to close above the 11,000 levels in the last week. On Monday, the Nifty reached 11084 level 74 points higher than Friday of last week.
One thing is very surprised that the Nifty is continuously getting high levels even after the concerns of a no-trust vote, a trade-war, weak rupee against dollar. Here is a list of stocks that could give up to 30% before the end of the July.
Cholamandalam Finance – LTP: INR 1519, Target: INR 1595, Stop Loss: INR 1467, Return 5%
ACC – LTP: INR 1,292.40, Target: INR 1,397, Stop Loss: INR 1250, Return 8%
Ashok Leyland – Buy range: INR104-INR 106, Target: INR 135, Stop Loss: INR 90, Return 28%
State Bank of India – LTP: INR 260.95, Target: INR 281, Stop Loss: INR 254, Return 8%
Bank of India – Buy Range: INR 81-INR 83, Target INR 100, Stop Loss INR 72, Upside 20%
IGL – LTP: INR 278.65, Target: INR 313, Stop Loss: INR 260.50, Return 12%
Kaveri Seed – Buy Range: INR 570-INR 580, Target INR 630, Stop Loss: INR 530, Return 9%
Reliance Industries – Buy Range: INR 1110-INR 1100, Target INR 1200, Stop Loss: INR 1060, Return 8%
Disclaimer: The stocks listed above are based on current Nifty level, trade war and recent growth of individual stocks. So, confirm with the certified professionals before taking any big decision.