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HomeSTOCKSHuge Return In These 3 Shares In Few Weeks, Buy Advice, Know...

Huge Return In These 3 Shares In Few Weeks, Buy Advice, Know The Target Price

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Stock Tips: Investors were seen waiting for the latest inflation data from America before making any big bets. 

It is expected that the US Federal Reserve will decide to cut interest rates according to these figures. Technical experts say that at present the zone of 22,750-22,800 appears as a resistance for Nifty. 

On the other hand, the price is currently supported at 22,600. He said a good rally above 22,750 could take the index towards 23,000 in the short term.

The market is seeing range trading, the strategy of buying on the decline and selling on the rally can be effective here. However, investors should strictly follow the stop loss.

With these 3 stocks, you can earn the possibility of returns as high as 9 percent in the next two weeks.

Table of Contents

1. Hindustan Petroleum Corporation Ltd

It is recommended to put money into this stock. The target price for this item is Rs 530. Stop loss must be set in the range of Rs. 469.

This investment could yield up to 9 percent over the next two weeks.HPCL stock has given a breakout from the recent consolidation on the daily chart, which has increased interest in it.

The Relative Strength Index (RSI), indicating momentum, has undergone a bullish crossover and has risen above recent consolidation.

This indicates strong positive momentum in the stock. Apart from this, the stock has regained all the important moving averages. 

After getting support on the falling trendline, its price has started increasing again. Based on this design, it’s recommended to purchase this share at approximately Rs 487.

2. Max Healthcare Institute Ltd

There is buying advice in this stock. The goal price for this item is Rs 925. The stop loss is set at the rate of Rs 839. This investment can yield gains that can reach 7 percent over the short term.

Max Healthcare stock has given an increase in the flag pattern that is visible on the daily chart. This illustrates the growing interest of investors in this stock.

Apart from this, breakout is also being seen from the cup and handle pattern, which increases the positive momentum of the stock. In such a situation, the stock can benefit from the combined effect of these two important patterns. 

Furthermore, its RSI is at 66 and rising. Based on this arrangement, it is recommended to purchase this share at approximately Rs 864.

3. Sobha Ltd

It is recommended to put money into this stock. The price that is targeted for this is Rs. 1,774. Whereas it is advisable to set the stop loss at Rs 1,589. 

This investment can yield gains as high as 8 percent over the short term. Shares of Sobha Limited have risen above the recent consolidation, which shows increasing interest from buyers in it. Other than that it is still above all important moving averages.

The RSI (14) is experiencing a bullish crossover and rising, indicating momentum. Currently, RSI is at 66. It is based on this structural structure. It is recommended to purchase the stock for about 1,644 rupees.

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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