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HomeSTOCKSStrong Earning Opportunity In These Three PSU Stocks, New Target And Stoploss

Strong Earning Opportunity In These Three PSU Stocks, New Target And Stoploss

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Recovery in the stock market started in the third week of March. Midcaps have witnessed a continuous rise in the last 8 trading sessions. 

The NIFTY Midcap 100 Index has once again reached a near-all-time high. Experts believe that stock-specific action will be seen. 

Expert has selected 3 strong stocks for earning from the midcap category. These include stocks like Mazagon Dock, Oil India, and Poonawalla Fincorp.

Mazagon Dock Shipbuilders Ltd Share Price Target

The first choice of experts is Mazagon Dock Shipbuilders Ltd share. Last day this stock is trading above Rs 2203 with a rise of 11 percent. 

52 weeks high of this stock is Rs 2492 which is all time high. Experts have advised to buy in the range of Rs 2080-2100. 

A target of Rs 2250 and a stoploss of Rs 2000 has been given. In March this stock had corrected to below Rs 1800. This stock has returned more than 230 percent in just one year.

Poonawalla Fincorp Share Price Target

The second choice of experts is Poonawalla Fincorp Ltd. This share is trading at the level of Rs 490 with a rise of three and a quarter percent. 

This stock is going through a consolidation break of one month. The technical structure is uptrend. 

Stop the loss of Rs 470 has been given with a target of Rs 535. This stock’s 52-week highest price is Rs 520, which is an all-time high. 

It made a low of Rs 430 in March. This stock returned about 70% in a year.

Oil India Ltd Share Price Target

The third choice of experts is Oil India Ltd. This share has risen to Rs 650, a gain of approximately 3 percent.

It reached a new intraday high of Rs. 670. There has been a strong rise in this stock in the last two days. 

For short-term investors, a target of Rs 685 and a stop loss of Rs 630 have been given. This stock has increased by 70 percent in three months and by 150 percent in one year.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.



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