Savings schemes have reduced interest rates. Therefore, invest in these stocks to get higher returns and you will soon become rich.
The impact of the second wave of Kovid-19 is clearly visible in the stock market. The 30-share BSE Sensex has reached its lowest level in more than two months. The Nifty of the National Stock Exchange has declined. It is expected that the market will remain uncontrolled. Experts say that there is an opportunity to buy shares. More benefits exist in the Kovid-19 proof sector. So here, according to the recommendations of experts, we are telling about some such stocks, by investing in which you can get tremendous returns in a few weeks.
Investment in Cipla’s stock
Investing in a forme company brings good returns. Brokers have also recommended a pharma counter for good profit. ICICI Securities has recommended a buy call on the stock with a target of Rs 1025 per share. The stock is rising in strong trendline stocks, joining the trendline breakout sector from August 2020 on high.
Investment in shares of Strides Pharma Science
Currently, there is a tremendous jump in its stock. The target price is 1200 rupees. It has an increase of 75 percent. The stock is trading above the average, all in an upward trend. The stop loss for the suggested stock is Rs 780.
Investment in ONGC shares
The weekly 14-period RSI looks positive and the stock has ended the correction. And the current market price is 103- 104 rupees. There is still a price for the stock that exceeds the price indicated by the medium and long term setup. As this stock has been trading above the average for almost 50 days. The target for the stock was kept at Rs 115 and the loss at Rs 103.
Investment in shares of Jubilant Foodworks
Purchased or target is 3000 rupees. A strong vicissitudes near the retirement support zone has begun to lose interest in the stock. If it consistently trades above Rs 2720, as it is now, then a considerable increase can be expected. At the current level, traders can buy stocks for a target of Rs 3000 and in dips between Rs 2820 and Rs 2780, with a stop loss of less than Rs 2720.
Invest in Graphite India shares
The stock is trading above its 200-day moving average. Investors can buy graphite for a target of Rs 790 in the medium term with a stop loss at Rs 440.
