Amidst the market turmoil, action will be seen in these 3 stocks, experts said – the price will touch ₹ 2,150 in the short term.

There are daily ups and downs in the Indian stock market, but even amidst this volatility, wise investors are earning bumper profits by investing in selected shares. If you too are thinking of creating a strong portfolio for intraday or short-term trading today, then there is good news for you. Leading market analysts and brokerage houses have given the green signal to place bets on 3 selected stocks (Top 3 Shares) for today’s trading. Experts believe that the fundamentals and technical charts of these companies look very strong, which can give strong returns to investors in the coming days.

These 3 powerful stocks came on the radar of experts

Tremendous momentum is being seen in the 3 stocks that have been shortlisted for today’s trading session. Market analysts have given ‘BUY’ rating to these companies only after closely studying their recent quarterly results, order book and sector sentiment. This is considered to be the right opportunity to buy these shares as they are showing signs of excellent recovery from lower levels. According to experts, despite mixed signals from global markets, these three stocks have full potential to outperform in the domestic market.

This big stock is moving towards the big target of ₹2,150

Among these three recommendations, market experts seem to be most bullish on one heavyweight stock. Expressing confidence in this stock, analysts have said that its current chart pattern is very attractive and it is ready to give a breakout very soon. Experts have set a big target price of ₹ 2,150 for this. Experts say that if this stock crosses its immediate resistance level, then it may see a rally up to ₹ 2,150 in a very short time. Investors should definitely include this stock in their portfolio.

Strength and heavy volume are visible on technical charts

Market experts say that the other two stocks on which it is being advised to bet today are also seeing heavy trading volumes for the last few sessions. These stocks have formed support bases above their important moving averages (like 50-DMA and 200-DMA). This means that the downside risk in these stocks is very low and the upside potential is very high. Investors can also add these two stocks to their portfolio gradually at the current market price.

Take care of stop-loss and adopt this strategy

Stock market experts have also given an important advice to the traders entering these three stocks. Experts say that there are always fluctuations in the market, hence do not create positions in any stock without stop-loss. Invest only with the right risk-reward ratio while keeping your capital safe. Apart from this, instead of investing lump sum money, adopting the strategy of ‘buy on dips’ in these stocks when they fall can prove to be more beneficial.

 

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