Multibagger Stock: Ban on Chinese cotton yarn of America, this textile company will benefit, brokerage firm advised to buy shares

Multibagger Stock: 175 percent return given in a year, now rocket will be made, do you have this stock in your portfolio too

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new Delhi. If you are interested in investing in the stock market, then you can earn huge profits by investing money in this multibagger stock. Last week, there was a great rise in the shares of this company. Brokerage houses are also advising to buy it.

According to Live Mint, the shares of Easy Trip have gained 6.13 percent in the last five trading sessions. Brokerage companies say that this multibagger stock can go up to Rs 310 to 315. The company’s shares closed at Rs 286.50 on the NSE on Friday. Easy Trip Share is one of the multibagger stocks of 2021. It had increased from Rs 104 to Rs 286.50. During this period, it grew by about 175 percent.

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Know how much is the target price
According to experts, the price of the shares of Easy Trip is on the verge of collapse. After closing above this breakout level, this multibagger stock can touch the level of Rs 460 in three months.

No effect of global inflation
Ravi Singhal, Vice Chairman, GCL Securities, says that in view of the concern about global inflation due to the Russia-Ukraine War and the continuous rise in commodity prices, such a move by positional investors. Keep an eye on the shares. In such stocks, there is not much impact of global inflation or rise in commodity prices.

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prices will rise
Singhal says that investing in tour and travel stocks is a better option for such investors. Easy Trip share prices may see a rise in the future. However, investors should maintain a stop loss at Rs 270 while taking a position in the stock post-breakout.

can touch 340 levels
Mudit Goyal, Senior Research Analyst, SMC Global Securities says high risk traders can buy this multibagger stock with an immediate short term target of Rs 310 while maintaining a stop loss at Rs 275. It may soon reach Rs 340.

Tags: inflation, Investment, Multibagger stock, Russia ukraine war, stock market, stock return

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