As of recent market conditions with notable dips, experts suggest it’s an opportune time to consider select high-potential stocks for good returns. Here’s a summary of their recommendations for the upcoming Diwali trading season.
1. Reliance Industries Limited (RIL)
- Buy Rating: Experts recommend buying RIL shares with target prices:
- Target 1: ₹3,030
- Target 2: ₹3,250
- Stop-loss: ₹2,530 and ₹2,450
- Potential Return: Up to 21%
- Current Price (Oct 28, 2024): ₹1,340, with a 0.89% increase today.
2. State Bank of India (SBI)
- Buy Rating: Suggested target prices:
- Target 1: ₹915
- Target 2: ₹930
- Stop-loss: ₹730
- Potential Return: Up to 22%
- Current Price: ₹790, up 1.26% today.
3. Bharat Dynamics Limited
- Buy Rating: Target prices are:
- Target 1: ₹1,190
- Target 2: ₹1,300
- Stop-loss: ₹870
- Potential Return: Up to 24%
- Current Price: ₹1,046, with a 1.25% increase today.
4. Olectra Greentech Limited
- Buy Rating: Recommended target prices:
- Target 1: ₹1,860
- Target 2: ₹2,040
- Stop-loss: ₹1,500 and ₹1,380
- Potential Return: Up to 24%
- Current Price: ₹1,623, increased by 1.66%.
5. Mphasis Limited
- Buy Rating: Target prices are:
- Target 1: ₹3,560
- Target 2: ₹3,880
- Stop-loss: ₹2,840 and ₹2,648
- Potential Return: Up to 25%
- Current Price: ₹3,025, down by 0.61%.
Summary Table
| Company | Current Price | Target Price 1 | Target Price 2 | Stop-loss | Potential Return |
|---|---|---|---|---|---|
| Reliance Industries | ₹1,340 | ₹3,030 | ₹3,250 | ₹2,530 / ₹2,450 | Up to 21% |
| SBI | ₹790 | ₹915 | ₹930 | ₹730 | Up to 22% |
| Bharat Dynamics | ₹1,046 | ₹1,190 | ₹1,300 | ₹870 | Up to 24% |
| Olectra Greentech | ₹1,623 | ₹1,860 | ₹2,040 | ₹1,500 / ₹1,380 | Up to 24% |
| Mphasis | ₹3,025 | ₹3,560 | ₹3,880 | ₹2,840 / ₹2,648 | Up to 25% |
Disclaimer: Investments in stocks and mutual funds are subject to market risks. Always consult a financial advisor before investing.
Something went wrong. Please refresh the page and/or try again.
