List of 3 stocks that could give up to 17% return
As we know that the beginning of February series continuously selling by foreign institutional investors (FIIs). At higher levels that indicate short buildup and discomfort in the market. So in this condition, here is the list of three stocks that could give up to 17% return:
IZMO is a leading Solution Provider in the Customer Relationship Management market space. With partnerships and alliances with leading global companies such as Siebel Systems, SAP, Oracle etc. it is observed by the analysts that on a shorter time frame stock has formed double bottom around 99 levels and bounce thereon. Hence, you can buy the stock above 108 levels for the target of 127 with a stop loss below 98.
HCL Infosystem Limited
This is an India-based information technology services and solutions company. At the current juncture. The positive divergence on secondary indicators like stochastic and Rsi suggest for next up move in prices. Hence, you can buy the stock in a range of 60-62 for the target of 71.50 with a stop loss below 55.
TVS Srichakra Limited
TVS Srichakra Ltd is one of India’s leading two- and three-wheeler tire manufacturer rolling out more than 26 million tires annually. Keep the Target price of Rs4200 and place the Stop Loss at Rs3350 in order to get Return of 15%