On this Children's Day, which India celebrates every year on November 14, the birth anniversary of former Prime Minister, we collated a list of six stocks which can give double-digit returns in the long term
Traders can accumulate the stock in a range of Rs 1,350-1,380 for the upside target of Rs 1,530 and a stop loss below Rs 1,250.
Here is a list of top three stocks which could give up to 13% return in the short term.
D-Street witnessed a massive selloff in the last one month which brought down the index near its key support levels.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
The fall was largely aided by Reliance Industries which was down 0.68 percent. IndusInd Bank was the top Nifty loser down over 2 percent while Godrej Agrovet was the most active stock.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy V-Guard Industries, ICICI Prudential Life Insurance Company, Indraprastha Gas and IFB Industries and can short Reliance Infra.
Mitessh Thakkar of miteshthacker.com suggests buying Raymond and IFB Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank of India, Punjab National Bank, IFB Industries, BEML and Himatsingka Seide.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on the Reliance Communications-Aircel deal. He also shares his outlook on Yes Bank's stock after the bank called off its qualified institutional placement.
According to Prakash Gaba of prakashgaba.com, one can go long in Shriram Transport and Intellect Design and feels that JSW Steel may test Rs 1350.
Vishal Malkan of www.malkansview.com advises buying Dewan Housing Finance Corporation with a target of Rs 550.
Vinay Pandit, Sr VP-Institutional Equities at Centrum Broking is of the view that IFB Industries may hit Rs 780.
Shahina Mukadam of Varun Capital recommends buying TV Today for a target price of Rs 230 and Prestige Estates for a target price of Rs 228.
AK Prabharkar, Independent Advisor advises buying Sadbhav Engineering for a target price of Rs 243 and Sail for a target price of Rs 92.
Shahina Mukadam of Varun Capital recommends buying Tata Global Beverage for a target of Rs 169 and advises shorting LIC Housing Finance for a target of Rs 312.
Kunal Saraogi, Equityrush advises buying UPL for a target price of Rs 380 and India Cements for a target price of Rs 125.
Shahina Mukadam, Varun Capital advises buying TVS Motor Company for a target price of Rs 200 and Tata Global Beverage for a target price of Rs 158.
Shahina Mukadam of Varun Capital advises buying IFB Industries with a day target of Rs 277 and selling IDBI Bank with a day target of Rs 73.
Shahina Mukadam, Varun Capital advises going short on IDBI Bank for a target price of Rs 73 and Power Finance Corporation for a target price of Rs 245.
According to Ashish Chugh, Investment Analyst, IFB Industries is looking cheap at the current valuations. â€œThis company has been introducing a number of new products. The company which used to be primarily a washing machine company has transformed itself into a complete appliance company,â€ he adds.
See 25-30% return in IFB Industries, says Aashish Tater, Head of Research, Fort Share Broking.
Buy IFB Industries with target of Rs 120, says Sharmila Joshi, Head of Equities, Farewealth Securities.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.