new Delhi. Money making ideas: There is also a stir in the Indian market amidst war-like situations between Russia and Ukraine. There is tremendous volatility in the market. Investors don’t know what to do? If you are also in the same situation then there is no need to panic. This is the time when it is necessary to take a decision with a cool mind.
When there is a lot of volatility in the market, it is always better to invest in such stocks, which are fundamentally good. Experts related to the stock market are bullish on some stocks. They feel that money can be made by investing in these stocks for a long period of time.
Buy NMDC, Target 152 | Stop Loss: Rs 135
At present, almost all good stocks have shown a correction. At the time of writing the news (Monday at 11:10 am), the share of NMDC (NMDC Share Price) is currently at Rs 142. The Economic Times has quoted Shrikant Chauhan, Executive Vice President, Kotak Securities, as saying that this stock can be bought for a target price of Rs 152. For this stop loss will have to be kept at Rs 135.
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Buy Canara Bank, Target Rs 235
At the time of writing the news, the stock of Canara Bank was trading at Rs 217. In the last few days, it has come down from Rs 270 to this level. Shrikant Chauhan of Kotak Securities also sees this as a positive pick. He has given a target price of Rs 235 for this. If this stock goes below Rs 210 then investors should exit their position.
Buy Titan Target Price Rs 2,640
Titan’s stock is currently at Rs 2458. According to Shrikant Chauhan of Kotak Securities, this stock is trading in the range of Rs 2,400 to Rs 2,500 these days. He has given a target of Rs 2,640 for this stock and a stop loss of Rs 2,380. Fresh entry can be done in this stock at this level.
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Buy Piramal Enterprises, Target 2160
The share of Piramal Enterprises (PEL share price) is currently at Rs 2,059. Sameet Chavan, Chief Analyst (Technical & Derivatives) of Angel One is bullish on this stock. He told that this stock has shown a big decline in this month. If we talk about the weekly timeframe, then at the moment it is at an interesting level. From here this share can be bought for a target of Rs 2,160. Its stop loss will be Rs 1,995.
Buy DLF, Target Price 414
DLF share price was trading at Rs 349 till the time of writing the news. Subhash Gangadharan, Senior Technical and Derivatives Analyst at HDFC Securities is bullish on DLF. Since this stock has shown a correction at present, then it can be bought now. In the coming few weeks, this stock can achieve the target of Rs 414. A stoploss of Rs 318 has also been told for this.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you wish to invest in any of these, please consult a Certified Investment Advisor first. Tech for FTCP will not be responsible for any profit or loss caused by you .)
Tags: Money Making Tips, stock market, Stocks
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