Rajesh Agarwal of AUM Capital recommends buying RITES with stop loss at Rs 293 and target of Rs 315, Jindal Steel & Power with stop loss at Rs 177 and target of Rs 190 and TCNS Clothing with stop loss at Rs 647 and target of Rs 674.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC Bank with a stop loss of Rs 39.8 and target of Rs 44 and sell Infosys with a stop loss of Rs 1363.5 and target of Rs 1320.
Other multibagger stocks which corrected in double-digits in 2018 include names like Dilip Buildcon, Adani Transmission, Avanti Feeds, Future Consumer and Jaiprakash Associates
10 stocks in LIC’s portfolio that have emerged as multi-baggers in the last one-year
Divis Laboratories, Crompton Greaves Consumer Electricals, Indian Hotels, Pfizer and Bombay Dyeing could give up to 16% return in the short term
"Nifty is likely to retest 10,650-10,670 levels on upside i.e. Inner Trendline which might work as immediate hurdle zone," says Rajesh Agarwal of AUM Capital.
"The company has shifted it's strategy to branded retail segment which will be much profitable business considering the demand for retail branded products. We have buy rating on Bombay Dyeing with target price of Rs 295 in short term. Long term is also looking positive," says Sumit Bilgaiyan, Founder of Equity99.
Here is the list of three fundamental picks which can give up to 18% return in short term.
"Nifty has immediate resistance zone at 10,420-10,440 levels. Crossing this zone on sustainable basis, next zone for index is seen at 10,560-10,630 where 50 percent of rise and February congestion highs are seen," Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management said in an exclusive interview with Moneycontrol's Kshitij Anand.
Rajat Bose of rajatkbose.com is of the view that one may buy Bombay Dyeing.
Sameet Chavan of Angel Broking is of the view that one may sell Tata Global Beverage with a target of Rs 240.
Rajat Bose of rajatkbose.com is of the view that one can buy Bombay Dyeing and can sell Capital First and BHEL.
Ashwani Gujral of ashwanigujral.com recommends buying BPCL, Hindustan Unilever and Bombay Dyeing.
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
Mitessh Thakkar of mitesshthakkar.com has a buy on Axis Bank with a stop loss of Rs 540 and target of Rs 565 and a buy on Havells India with a stop loss of Rs 548 and target of Rs 575.
Ruchit Jain of Angel Broking is of the view that one may buy NIIT Technologies with a target of Rs 681.
Mitessh Thakkar of miteshthacker.com advises buyinmg Axis Bank with a target of Rs 555.
According to Ashwani Gujral of ashwanigujral.com, one may buy Bombay Dyeing.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, Tata Steel, Interglobe Aviation, V-Guard Industries and Bombay Dyeing.
Ashwani Gujral of ashwanigujral.com suggests buying Hindustan Unilever, BPCL and MOIL.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Reliance Industries, Pidilite Industries and Bajaj Auto.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Elecon Engineering with a target of Rs 94.
The top loser in Nifty50 Index were Indiabulls Housing Finance followed by Bajaj Finance and State Bank of India while the stocks that hit new 52-week low on the Nifty were Amara Raja Batteries, Wockhardt and Reliance Communications.
Stocks which rose in the first six months of the financial year 2018 include socks like Indiabulls Ventures in the smallcap space led the rally, up 383 percent, followed by Toyam Industries which gained 368 percent, and HEG rose 333 percent.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Repco Home Finance.