Short Term Shares to Buy: Nifty closed marginally higher on Friday despite a mixed global trend in the stock market. The Nifty 50 index closed 186 points higher at 24,502. At the same time, the Bank Nifty index closed at 52,278.
Top Short Term Shares to Buy
With many companies releasing their quarterly results, stock prices have skyrocketed due to that. Market Experts Recommended these below mentioned 10 stocks to Buy for impressive returns. Check the share name and price target below.
1) Bank of Maharashtra: Buy Bank of Maharashtra shares within the range of Rs 65.90 to Rs 66.25, Target Price Rs 70.60 and stop loss at Rs 65.
2) Lti Mindtree: Buy this within the range of Rs 5,530-5,565 with a target price of Rs 5,634
3) IREDA: Recently the company announced its first quarter results in which IREDA has posted a strong profit of 30%.
Market Experts have recommended to buy this stock with a price target of Rs 350 in the near term. The stock has strong support at Rs 300 also a stop loss has been advised at Rs 250
Also Read: Sahaj Solar IPO GMP, Everything You Need to Know
4) Angel One: Buy this stock within the range of Rs 2,250 to Rs 2,270 with a target price of Rs 2,376.
5) HCL Tech: HCL Tech is currently trading above its 20-Days, 50-Days and 200-Days moving averages indicating an overall bullish trend.
Experts have recommended to buy this stock at Rs 1,560 with a target price of Rs 1,680. A stop loss at Rs 1,488 has also been advised.
6) Jio Financial Services: Jio financial services is going to release its first quarter results tomorrow. The overall sentiment indicates a positive trend for the stock.
Buy this stock at Rs 352 with a target price of Rs 364 while stop loss has been advised at Rs 350
7) BEL: Buy BEL shares within a range of Rs 325 to Rs 335 with a target price of Rs 375. A stop loss at Rs 307 was also advised by stock market experts.
8) Tata Consumer Products: The shares of Tata Consumer Products Limited are currently trading above its resistance at Rs 1,150. According to its technical chart, the stock price will move in upward trend.
Buy this stock within the range of Rs 1,150 to Rs 1,160 with a price target of Rs 1,220 while stop loss is given at Rs 1,115.
9) L&T: Buy L&T shares within the range of Rs 3,650 to Rs 3,670 with a target price of Rs 3,900 and a stop loss at Rs 3,500
10) Mazagon Dock: This defence Stock has rallied more than 100% after the Lok Sabha Election exit polls results.
Buy this stock within the range of Rs 5,530 to Rs 5,570 with a target price of Rs 5,720. A stop loss at Rs 5,430 also has been advised.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided in this article is for educational purposes only and we do not recommend buying or selling any stocks. This information provided is only for reference purpose so we are not responsible in case investors incur any loss based on the information. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Always conduct your own research before making any investment decision or consult a financial advisor.