Stock To Buy for Short Term: On 3rd September, Broader 50-issue Nifty of NSE eked out gains of 1.15 points to close at a fresh peak of 25,279.85, taking its gaining streak to a record 14 days.
In the 10-day rally, Sensex spurted 2,135 points or 2.61 per cent. Nifty has surged nearly 1,141 points or 4.59 per cent in 14 straight days.
Brokerage Axis Direct has picked Ramkrishna Forgings stock and suggested buying for 5 – 15 days. The brokerage has given a target of Rs 1,140 with a stop loss of Rs 955.
Target: Rs 1,140
Stop Loss: Rs 955
Brokerage HDFC securities has also picked Ramkrishna Forgings stock and suggested buying for 10 days. It has given a ‘buy’ rating on the company with a target price of Rs 1030, a 4.39 per cent potential upside. The stop loss for the share is Rs 933.
Target Price: Rs 1030
Stop Loss: Rs 933
Brokerage Motilal Oswal has highlighted ITC as a strong buy for the next 2-3 days, setting a target price of Rs 530.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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