If the Nifty manages to stay above 14580-14500, then it can go into the 14750 zone.
Rohit Singre of LKP Securities says that on the 27th of April, the Indian markets saw a steady rise on the second day. The market was up about 1 per cent in yesterday’s trade. The Nifty closed yesterday at 14,655 levels after the gap-up opening.
If the Nifty manages to stay above 14580-14500, then it can move upwards into the 14750 zone. Then after that we can get fresh break out for 15000 in Nifty.
Here we are giving three such calls which can yield good returns from a perspective of 3-4 weeks.
Laxmi Organics | LTP Rs 195 | The stock has a buy recommendation with a stop loss of Rs 178 for a target of Rs 230. It can easily see an upside of 17 per cent in 3-4 weeks.
D-Mart | Buy Rs 2827 | The stock has a buy recommendation with a stop loss of Rs 2675 for a target of Rs 3100. It can easily see 10% upside in 3-4 weeks.
Welspun Corp | Buy Rs 152 | The stock has a buy recommendation with a stoploss of Rs 140 for a target of Rs 165-175. It can easily see 15 percent upside in 3-4 weeks.
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