Indian stock market Nifty & Sensex runs like Milkha Singh and reached lifetime high and still counting. Many of the stocks have actually more than doubled in the first six months of 2017. You would be sitting on lots of cash if you would have invested in Indian stock market. But, don’t you worry as the market gives you an ample number of opportunities to make money out of it.
Both Nifty & Sensex rose to record highs in the year 2017 and at the end of October Nifty50 almost touched 10500. Many stocks which were trading less than Rs 100 at the beginning of 2017 now trading more than you can imagine. In a matter of just six months, these stocks become giant and certainly made lots of money for investors.
Indiabulls Ventures, MEP Infrastructure, Aditya Birla Money, Indiabulls Real Estate, Geojit Financial Services, and much more have given huge returns.
So far so good but as you missed the rally and bit confused where to put your money to get some decent returns. As Nifty & Sensex are at its peak so wisely investment is very crucial so that you don’t lose out. So I have found some gem of Indian stock market where you can put your hard earned money.
Nifty & Sensex at a lifetime high. What to Buy and What to Sell?
Tata Consultancy Services (TCS), Wipro, Godrej Properties are some of the stocks which form a bearish pattern. You can expect these stocks to fall and so you can shorts them to make money.
TCS is trading at around 2360 looks bearish and it may go down near 2100. Wipro also looks weak and may reach near 200 levels. There is a high probability that Godrej Properties stock price will go down from current levels to near about 390 levels.
You can buy stocks like Titan, ITC, Tata Motors, Tech Mahindra, BHEL, ONGC, GMR Infra, HDIL, Suzlon. Many analysts are bullish on these stocks and you can expect huge return while investing in it. Titan and ITC both look awesome even at this levels as both will move up due to higher liquidity. Both these stocks are likely to break out and make new highs.
You can invest in Tata Motors and expect it move upwards and hit 550+. Furthermore, Tech Mahindra also consolidated at current levels and its near-term target is 450+. BHEL is in our multibagger jackpot stock list and so its near-term target is 180+.
ONGC also looks good at this level and you can buy it for a target of 200+. GMR Infra, HDIL and Suzlon are multibagger jackpot stocks where you can invest and forget about it. These stocks will surely give you high return with the highest probability.
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Published on: Oct 6, 2017