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Hot Stocks: Here’s why Laxmi Organics, D-Mart & Welspun Corp can rally 10-17%

If the index manages to sustain above 14580-14500, it may see a further extension to 14750 zone and above that, we may see a fresh breakout which can push the index towards 15,000 mark

April 28, 2021 / 07:44 AM IST
 
 
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Indian market continued its winning streak for the second consecutive day on April 27 rising over 1 percent. Nifty opened gap-up and closed the day at 14,655.

If the index manages to sustain above 14580-14500, it may see a further extension to 14750 zone and above that, we may see a fresh breakout which can push the index towards 15,000 mark.


Here is a list of top stocks for the next 3-4 weeks:

Laxmi Organics: Buy at Rs 195 | LTP: Rs 195 | Target: Rs 230 | Stop Loss: below Rs 178 on closing basis| Upside 17%
On an hourly chart, the price has moved above its strong hurdle zone of Rs 195. We can also consider this as a sort of double bottom breakout.