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Wednesday, October 27, 2021

Market at record high, these 10 stocks can make huge profits in short term, what do you have

The last week has been great for the Indian equity market. Last week, the market saw a rally of more than 2 percent. Last week BSE Sensex closed above the psychological level of 60,000. On the other hand, record closing high was seen in Nifty. At the same time, today Nifty has crossed 18000 while Sensex is also looking at new highs. Auto, IT and RIL are providing strong support to the market.

We have seen strong buying on every fall in the market. Which is a clear indication that the bulls are not ready to give up. The effect of this is that Nifty was seen crossing the level of 18,000 today. However, market players are very aggressively advising not to go long.

Sameet Chavan of Angel One Says that looking at the recent move of the market, it is clear that the bulls are not ready to lose their strong hold on the market easily. But we are reiterating our view that the market is in such an era in which it is not very easy to participate. We are of the opinion that this is not the time to buy too aggressively in the market. At this time, bet wisely only on selected quality stocks. Avoid buying indiscriminately in the market.

As far as the key levels for the market are concerned, resistance is visible for Nifty around 17900-17950. At the same time, on the upside, support is visible for it at the level of Rs 17,600. Now the eyes of the market will be on the movement of the American markets.

Today’s 10 calls in which there can be huge earnings in the next 3-4 weeks

Investment Advice by Shrikant Chauhan of Kotak Securities

Larsen & Toubro: Buy | LTP: Rs 1,726.90 | This stock has a buy call with a target of Rs 1,850 with a stop loss of Rs 1,665. In the next 3-4 weeks, an upside of 7.1 percent can be seen in this stock.

ICICI Bank: Buy | LTP: Rs 703.40 | A buy call on this stock is given with a target of Rs 750 with a stop loss of Rs 680. In the next 3-4 weeks, an upside of 10.3 percent can be seen in this stock.

Bajaj Auto: Buy | LTP: Rs 3,815.55 | This stock has a buy call target of Rs 4,090 with a stop loss of Rs 3,690. In the next 3-4 weeks, an upside of 7.2 percent can be seen in this stock.

Investment Advice by Ashish Biswas of CapitalVia Global

Bajaj Auto: Buy | LTP: Rs 3,815.55 | This stock has a buy call with a stop loss of Rs 760 with a target of Rs 1000. In the next 3-4 weeks, an upside of 16.4 percent can be seen in this stock.

UPL: Buy | LTP: 738 | Stop Loss: Rs 630 | A buy call on this stock is given with a target of Rs 850 with a stop loss of Rs 630. In the next 3-4 weeks, an upside of 15.2 percent can be seen in this stock.

LIC Housing Finance: Buy | LTP: Rs 442.25 | This stock has a buy call target of Rs 530 with a stop loss of Rs 360. In the next 3-4 weeks, an upside of 19.18 percent can be seen in this stock.

Investment Advice by Vinay Rajani of HDFC Securities

Amber Enterprises: Buy | LTP: Rs 3,502.2 | This stock has a buy call with a target of Rs 3,850 with a stop loss of Rs 3,335. In the next 3-4 weeks, an upside of 9.9 percent can be seen in this stock.

Bank of Baroda: Buy | LTP: Rs 88.10 | This stock has a buy call with a stop loss of Rs 83 with a target of Rs 97. In the next 3-4 weeks, an upside of 10.1 percent can be seen in this stock.

IndiaMART InterMESH: Buy | LTP: Rs 8,805.75 | This stock has a buy call with a stop loss of Rs 8,340 with a target of Rs 9,750. In the next 3-4 weeks, an upside of 10.7 percent can be seen in this stock.

Investment advice from Sameet Chavan of Angel One

Cigniti Technologies: Buy | LTP: Rs 626.40 | This stock has a buy call with a stop loss of Rs 602 with a target of Rs 670. In the next 3-4 weeks, an upside of 7 percent can be seen in this stock.

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Shehnazhttps://www.businesskhabar.com/
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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