new Delhi. Stock Market Tips: There is ups and downs in the market. One day the market goes down and the next day it goes up. Even on Wednesday, the stock market remained volatile throughout the day. At the end of the day it closed in the red mark. Nifty closed below 17350, down 30.25 points. At the same time, the Sensex closed at 57996.68, down by 145.37 points.
In this volatility, it is very difficult to find such stocks which will give good returns going forward. Today we have brought five such stocks for you in which market analysts are seeing a lot of potential. Analysts are claiming these stocks to give good returns in future.
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Indigo Rating: Buy, Target Price: Rs 2,380
Along with gaining momentum in the market, shares of InterGlobe Aviation (IndiGO) have also seen a pullback move this week. According to a report by Economic Times, Ruchit Jain of 5Paisa.com has given a buy rating to this stock with a target price of Rs 2,380. Analysts estimate that this stock may see a rally in the short term. The volume size has been good in the recent rise in the stock, which is an indication that there has been an increase in buying in the stock. Investors can buy it in the range of 2180-90 with a short term target of 2290-2380 for 3 to 4 weeks. Investors should keep a stoploss of Rs 2080 for the long position.
SRF, Rating: Buy, Target Price: Rs 2,700
Vijay Dhanotia of Capital Via Globe Research has given a buy rating to the SRF stock and given its target effort of Rs 2700. Dhanotia says that the stock of SRF continues to rise and it is trading in increasing order. Buy SRF above Rs.2505 and keep a stop loss of Rs.2330.
Trent Rating: Buy, Target Price: 1250
Vijay Dhanotia of Capital Via Globe Research has also given a buy rating to Trent’s stock. Dhanotia says that this stock is also creating positive momentum. This will continue even further. Dhanotia, advising to buy it above Rs 1100, has given its target price of Rs 1250. Investors should keep a stop loss of Rs 1000 on this stock.
Bata India Rating: Buy, Target Price: Rs 2250
Vijay Dhanotia of Capital Via Globe Research has also given a buy rating to the share of Bata India. Dhanotia says that now a good positive momentum has been created in this stock and it will continue to do so. He has given a target price of Rs 2250 while advising to buy Bata India share at the level of Rs 1900. He has advised investors to keep a stoploss of Rs 1750 on this stock.
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ITC Rating: Buy Target Price: Rs 260
Manish Shah, founder of NiftyTrigger.com, sees a lot of potential in ITC stock. He says that it seems that the low volatility phase has passed in this stock. In a few months, this stock can touch the level of Rs 260.
(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 is not responsible for any profit or loss caused by you. Will happen.)
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