Stock Tips:There is ups and downs in the stock market before the election results. India Vix, an index indicating volatility, still remains around 20. This means market volatility may increase. In such a situation, experts are advising investors to follow stock specific approach only. It is wise for investors to thoughtfully invest money only in stocks with strong fundamentals. Talking about the present time, there are many shares which have made a breakout after a long time and have managed to come out of the range of consolidation. His recent outlook is also strong. Brokerage house Axis Securities has also given a list of some such stocks (Stocks to Buy), in which breakout has been seen recently. These stocks (Stock Tips) are looking strong on the technical charts and can give 18 to 22 percent returns (Stocks to Buy for Short Term) in just 3 to 4 weeks i.e. in the month of April.
Mutual fund industry grew 5.5 times in 10 years of Modi, top equity scheme got returns up to 1063%, 1 lakh became 11 lakhs
Container Corporation Of India
CMP: Rs 1100
Buy Range: Rs 1080-1060
Stop loss: Rs 998
Upside: 14%–19%
CONCOR has made a breakout of the consolidated zone between the levels of 1007-818 on the weekly chart, which is a sign of uptrend. This breakout happened with good volume, which shows increasing participation. Weekly strength indicator RSI is in bullish mode which indicates buying. The stock may soon see a level of 1215-1268.
Mutual fund AUM reached 27% of total fixed deposit, craze not only in Delhi and Mumbai but also in small cities
BF Utilities
CMP: Rs 923
Buy Range: Rs 915-897
Stop loss: Rs 845
Upside: 13%–20%
BF Utilities has made a breakout with a strong bullish candle above the symmetrical triangular pattern at 900 levels on the weekly chart, which is a bullish signal for the stock. This breakout happened with good volume, which shows increasing participation. The share has created a support base at the level of 710. Weekly strength indicator RSI is in bullish mode which indicates buying. The stock may soon see a level of 1028-1085.
Return Machine: 5 powerful schemes of SBI MF, up to 1014% return in 10 years, 1 lakh becomes 11 lakh
GAIL (India) Ltd.
CMP: Rs 208
Buy Range: Rs 206-202
Stop loss: Rs 187
Upside: 17%–22%
GAIL has made a breakout of the downward sloping trendline pattern with a bullish candle around the level of 208 on the daily chart, which is a bullish signal in the stock. This breakout happened with good volume, which shows increasing participation. The share is showing bullish trend on the daily chart and is getting support from the upward sloping channel. The stock remains above its 20, 50, 100 and 200 day key averages which shows a bullish trend. Daily strength indicator RSI is in bullish mode which indicates buying. The stock may soon see a level of 238-248.
Fixed Income Fund: Is the income, profit and risk fixed in these schemes? Invest money after checking them.
Indian Energy Exchange
CMP: Rs 159
Buy Range: Rs 155-151
Stop loss: Rs 142
Upside: 14%–19%
On the weekly chart, IEX has formed a piercing line candlestick pattern, which is a sign of a reversal pattern. The stock has got support at the medium term 200 day moving average and from here the share has started bouncing back. The stock remains above its 20, 50, 100 and 200 day key averages which shows a bullish trend in the short and mid term. Weekly strength indicator RSI is in bullish mode which indicates buying. The stock may soon see a level of 175-182.
(Disclaimer: The advice for investing or selling stocks has been given by experts and brokerage houses. These are not the personal views of Financial Express. There are risks in the market, so take expert opinion before investing.)
