The Nifty closed below 11,000 levels, went down 82 points than last week; a very disappointing situation for all. While The Nifty crossed 11,000 in the last week and just 153 points away from the record high levels.
The hike of crude oil price, weakness of rupee against the dollar and trade war are prior reasons; the Nifty went down in the red. Here is a list of stocks that could give up to 11% return in the next couple of months.
Adani Enterprise – Target: Rs. 146, Stop-loss: Rs. 124, Return: 11%
KPIT Technologies (KPIT) – LTP: Rs 301.45, Target: Rs 330, Stop Loss: Rs 282, Return 9.6%
Mindtree – LTP: Rs 1,065, Target: Rs 1,126, Stop Loss: Rs 1017, Return 5.7%
GAIL India – LTP: Rs 356.85, Target: Rs 378, Stop Loss: Rs 341, Return 6%
Prabhat Dairy – Target: Rs. 158, Stop-loss: Rs. 135, Return: 6%
Havells India – LTP: Rs 560.20, Target: Rs597, Stop Loss: Rs 549, Return 6.6%
Britannia Industries – LTP: Rs 6,472, Target: Rs 6750, Stop Loss: Rs 6300, Return 4%
Indian Oil Corp – LTP: Rs 159.30, Target: Rs 170, Stop Loss: Rs 154, Return 7%
Disclaimer: The stocks listed above are based on the current Nifty levels and individual growth of each stock. So, it’s better to confirm with the certified professionals before taking any decision for investment.