Best Stocks For Short Term: ICICI Bank, Biocon, Rallis India can return 15-20% in near term

Stocks For Short Term

14 July 2020, Tuesday

Market is itself like a god. At last you have to worship. So just follow market trends. Do not become expert in front of market. There is fear of correction in share bazzar. Everyone is expecting some downfall. My advice is buy on deeps and when market moves upside book profit. At this time do not expect more and higher returns. Watch on short profit and make your trade more effective.

So here are some stocks for short term investment which can give you 15-20% return in short term.

1. Alkem Laboratories: Buy | LTP: Rs 2,421 | Target: Rs 2,700 | Stop Loss: Rs 2,275 | Upside 11%

Alkem, one of the Indias leading generic and specialty pharmaceutical companies, is a significant player in the branded drugs and generic drugs space. With a wide ranging presence across acute and chronic therapeutic segments with substantial brand share in the Central Nervous System, Gastro-intestinal, Anti-diabetic, Anti-osteoporosis, Anti-malarial, Cardiovascular, Immunosuppressants, and Nutraceutical segments, Alkem leads the Indian market in the Anti-infective and Pain Management segments.

2. Tata Steel: Buy | LTP: Rs 338 | Target: Rs 400 | Stop Loss: Rs 335 | Upside 18%

Tata Steel Ltd is a well diversified business entity. It manufactures ball bearings, hand tools, tubes, steel wires, and also operates chrome mines..The company also in the business activities of Steel, Ferro Alloys and Minerals.

3. SBI Life Insurance: Buy | LTP: Rs 859 | Target: Rs 1,000 | Stop Loss: Rs 830 | Upside 16%

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans

4. Escorts: Buy | LTP: Rs 1,137 | Target: Rs 1,300 | Stop Loss: Rs 1,080 | Upside 14%

  

Escorts Ltd is a leading material handling and construction equipment manufacturer, the company manufactures and markets a diverse range of equipment like cranes, loaders, vibratory rollers and forklifts. The company today is the worlds largest Pick `n` Carry Hydraulic Mobile Crane manufacturer.The company`s product range includes Tractors i.e.Farmtrac,Powertrac ,Escort , Engines,Implements & Trailors , Lubricants ECEL, Hydraulic Mobile Cranes ,Compactors ,Forklifts ,Articulated Boom Cranes ,Railway Equipment and Auto Component.

5. IndusInd Bank Limited: BUY | Buy Around: Rs 530 | Target Rs 630 | Stop Loss Rs 470 | Upside 19%

IndusInd Bank Ltd has emerged as one of the fastest-growing banks in the banking sector inIndia.The products & services offered by the company includes Personal Banking-offers a wide range of products and services like deposits, loans, investments, insurance, forex services, demat services, online services and wealth management services.NRI banking - offers money transfer, investment products such as international deposits, mutual funds, online share trading, etc. The bank also offers property solutions and insurance loans.Business banking- caters to SMEs, retail, NRI and other corporates, offering spectrum of products and services.

6. Sun Pharmaceutical Industries Limited - BUY | Buy Around Rs 485 | Target Rs 575 | Stop Loss Rs 435 | Upside 18%

Sun Pharmaceutical Inds. Ltd is an international speciality pharma company.The company also makes active pharmaceutical ingredients. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology, gastroenterology, diabetology and respiratory.The company is engaged in manufacturing of product in the following therapy areas:CNS disorders,Cardiology,Diabetes and Metabolic disorders,Gastroenterology,Ophthalmology ,Oncology,Pain,Allergy, Asthma and Inflammation and Gynecological.

7. Dabur India Limited - BUY | Buy Around: Rs 465 | Target Rs 515 | Stop Loss Rs 435 | Upside 10%

Dabur India Ltd.is the fourth largest FMCG company of the country presently catering to health care,personal care & food segment.The company`s product range includes: health care products they have brands like Hajmola, Pudin Hara, Dabur Chyawanprash, Glucose D, Dabur Lal tail,etc.,home care range consist of product like Odinil,Odomos,odopic,etc.Under personal care range they offer product like Vatika,Gulabri,Dabur Red Toothpaste,etc.,In the food range they offer brands like Real Active ,HOMMADE-range of ready made pastes, soups, coconut milk & tomato puree. Dabur has guar gum plant,a natural gum used in foods & industrial applications,and also produces ayurvedic medicinnes..The company also in the business activities of Food, Consumer Care Business.

8. State Bank of India: Buy | LTP: Rs 195.60 | Target: Rs 225 | Stop Loss: Rs 180 | Upside 15%

The State Bank of India, the countrys oldest bank and a premier in terms of balance sheet size, number of branches, market capitalization and profits is today going through a momentous phase of change and transformation the two hundred year old public sector behemoth is today stirring out of its public sector legacy and moving with an agility to give the private and foreign banks a run for their money.The bank is entering into many new businesses with strategic tie ups Pension Funds, General Insurance, Custodial Services, Private Equity, Mobile Banking, Point of Sale Merchant Acquisition, Advisory Services, structured products etc each one of these initiatives having a huge poteential for growth.The services offered by the company includes NRI Services,Personal Banking,International Banking,Agriculture / Rural,Corporate Banking,SME,Government Business and Domestic Treasury.

9. Century Plyboards (India) Ltd: LTP: Rs 132.50 | Buy Range: Rs 131-128 | Stop Loss: Rs 124 | Target: Rs 142-149 | Upside 12.45%

10. Metropolis Healthcare Ltd: LTP: Rs 1,480.50 | Buy Range: 1,499-1,469 | Stop Loss: Rs 1,420 | Target: Rs 1,610 – 1,635 | Upside 10%

Disclaimer: These are my own views. Take your decisions after doing your own analysis.

Original article: Top-10-trading-ideas-which-can-return-10-19-in-3-4-weeks

ALL CREDIT: Moneycontrol