Now we are seeing trading in the market just a week before Diwali. The journey from last Diwali till now has been wonderful. All other indices including Nifty and Bank Nifty gave excellent returns. How will the journey of both the major indexes be from here? Along with this, which are the stocks which will bring huge profits for the investors from this Diwali to next Diwali.
Sanctum Wealth’s Ashish Chaturmohta, MOFSL’s Chandan Taparia and F&O trader Asit Baran Pati join CNBC-Awaaz to share their picks from Diwali to Diwali.
Sanctum Wealth’s Ashish Chaturmohta is a profitable Diwali stock: ICICI BANK
Ashish said that till next Diwali, this banking stock will see good growth. So don’t miss the opportunity to buy it at this level. Buy it with a stop loss of Rs.699. A target of Rs 1050 can be found in this till next Diwali.
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MOFSL’s Chandan Tapadia is a Diwali earning stock: SBI
Chandan Tapadia advised to buy in the biggest government bank. He said that targets of Rs 575 to 600 can be seen in this till Diwali. Also put a stoploss at 444. In this, keep doing SIP every month and buy in piecemeal.
F&O Trader Asit Baranpati’s Diwali stock is earning: HDFC BANK
Asit Baranpati has given a Buying Opinion in HDFC Bank. He said buy it with a stop loss of Rs 1400. In this, targets of Rs 2200 to 2300 can be seen till Diwali. In this, the higher high is being made every four months. Do not take it in one go and keep taking it little by little in dips.
Sanctum Wealth’s Ashish Chaturmohta is a profitable Diwali stock: SONA BLW PRECISION
Ashish said that at present auto stocks are performing well. Going ahead, companies working in the EV segment in the auto sector will make good profits, so I have made up my mind to bet in this stock. Buy it with a stop loss of Rs 570. A target of Rs 850 to Rs 900 can be seen in this till next Diwali.
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MOFSL’s Chandan Tapdia’s Diwali stock earning: L&T
Chandan Tapadia has a buy on this stock. He said that the target of Rs 2200 can be seen in this till Diwali. Also put a stoploss at 1600. A bullish pattern is forming in the weekly and daily charts. These are heavy weight counters that can maintain their level in fluctuations.
Diwali stock with F&O trader Asit Baranpati: HDFC
Asit Baranpati has given Buying opinion in HDFC. He said buy it with a stop loss of Rs 2300. In this, a target of Rs 3600 can be seen till Diwali. He said that according to the demand for housing is increasing and the real estate sector is gaining momentum. Accordingly, this stock can go up.
(Disclaimer: The views and investment advice given on moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult a certified expert before making any investment decision.)
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