Nifty in wait-and-watch mode, 10 stocks that may have strong earnings in the short term

Last week, the Cessanx-Nifty closed down about 1 percent. The Nifty closed below 14800. At the same time, Sessex was not able to handle the level of 49000.

Technical experts say that the Nifty is trading in the realm and seems to be in a wait-and-watch turn, but there will be stock-specific action in the market. If the Nifty goes below 14600 then we may see further decline. At the same time, any move towards 14900 can open the way to 15000.

Foreign institutional investors remain net sellers in the cash segment. So far in May, they have withdrawn Rs 8700 crores from Indian markets, while domestic institutional investors have bought Rs 900 crores in the same period.

Shrikant Chavan of Kotak Securities Says that the level of 14,500 -14,800 is very important for the Bulls. If the Nifty goes over it, then we can see a level of 14950-15000.

Here we are telling you 10 such stocks in which you can see a strong growth in the next 1-4 weeks.

Sumeet Bagadia’s Choice of Choice Broking

Britannia Industries: Buy| LTP: Rs 3500

The stock has a buy recommendation with a stoploss of Rs 3399 for a target of Rs 3700. This stock can see an upside of 6% in 1- 4 weeks.

Biocon: Buy| LTP: Rs 388|

The stock has a buy recommendation with a stop loss of Rs 370 for a target of Rs 420. The stock may see an upside of 8% in 1-4 weeks.

L&T: Buy| LTP: Rs 1415|

The stock has a buy recommendation with a stop loss of Rs 1,340 for a target of Rs 1,520. The stock may see an upside of 7% in 1-4 weeks.

Mehul Kothar’s choice of AnandRathi

Indiabulls Real Estate: Buy| LTP: Rs 81

The stock has a buy recommendation with a stoploss of Rs 75 for a target of Rs 92. The stock may see an upside of 13 per cent in 1-4 weeks.

RIL: Buy| LTP: Rs 1,936|

The stock has a buy recommendation with a stoploss of Rs 1875 for a target of Rs 2040. This stock may see an upside of 5% in 1- 4 weeks.

Ramkrishna Forging: Buy| LTP: Rs 648|

The stock has a buy recommendation with a stoploss of Rs 575 for a target of Rs 770. This stock can see upside of 18% in 1- 4 weeks.

Angel Broking’s Sameet Chavan Picks

ITC: Buy| LTP: Rs 212

The stock has a buy recommendation with a stop loss of Rs 202 for a target of Rs 222. This stock may see an upside of 5% in 1- 4 weeks.

Dr Lal PathLabs: Sell| LTP: Rs 2721|

The stock has a sell recommendation with a stoploss of Rs 2792 for a target of Rs 2600. This stock has a downside of 4% in 1 to 4 weeks. Stayed is.

SMC Global Securities Picks

Central Depository Services (India) Limited (CDSL): Buy| LTP: Rs 832|

The stock has a sell recommendation with a stoploss of Rs 770 for a target of Rs 950. The stock may see a downside of 14 per cent in 1 to 4 weeks.

Tata Consumer Products Limited: Buy| LTP: Rs 645|

The stock has a sell recommendation with a stop loss of Rs 770 for a target of Rs 720. The stock may see a downside of 14 per cent in 1 to 4 weeks.

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