Market Update

Monday 7 May 2018

Free Stock Tips, These 10 moneymaking ideas could make you richer by up to 22% in next 30 days By TradeIndia Research 07-05-18


These 10 moneymaking ideas could make you richer by up to 22% in next 30 days.
 Free Stock Tips

The index has a string of resistances placed between 10,700 and 10,800 levels which could act as a crucial resistance level in the May series. Hence, technical experts advice investors to remain stock specific as trading in benchmark indices could turn rangebound.
The Nifty closed the May 4 week on a muted note with small and midcap indices falling over two percent each. The index held on to its crucial support placed at 10,600 on Friday, but closed below this level fuelled by selling pressure, experts said
The index has a string of resistances placed between 10,700 and 10,800 levels which could act as a crucial resistance level in the May series. Hence, technical experts advice investors to remain stock specific as trading in benchmark indices could turn rangebound.
On Friday, the index touched 10,700 and continued its journey towards 10,800 levels, but profit booking at higher levels pulled the index down to 10,600 levels towards the close of the truncated week.
 “Traders looked a bit sceptical around 10,800 levels and started liquidating their longs in a rush (especially in high beta midcaps) during the second half of the week. This resulted in some nervousness in the market and hence the index corrected back to 10,600 levels,
Here is a list of top 10 stocks from various experts that could return up to 22% in the short-term:
Wockhardt Ltd: Buy| Target: Rs 863| Stop loss: Rs 788| Return 7.6%
Crompton Greaves Consumer Ltd: Buy| Target: Rs 275| Stop loss: Rs 228| Return 12%
Vedanta Ltd: SELL| Target: Rs 265| Stop loss: Rs 292| Return 6%
Crompton Greaves Consumer Electricals Ltd: Buy | Target: Rs 270 | Stop loss: Rs 230 | Return 10%
Orient Cement Ltd: Recommendation: Sell | Target: Rs 129 | Stop loss: Rs 143 | Return 6%
Just Dial Ltd: Recommendation: Buy | Target: Rs 458 | Stop loss: Rs 420 | Return 5%
CEAT: Buy| Target: Rs 1840| Stop loss: Rs 1525| Return 22%
Visaka Industries Ltd: Buy| Target: Rs 875| Stop loss: Rs 745| Return 13%
Royal Orchid Hotels Ltd: Buy| Target: Rs 259| Stop loss: Rs 205| Return 21%
Majesco Ltd: Buy| Target: Rs 632| Stop loss: Rs 515| Return 15%
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