Warren buffet commented-stock market is an instrument that takes money from impatience and gives to individuals having patience.
Experts gave buy call around rs90 with a target price of RS 250 in1year and kept a strict stop loss at 75. 1.KP ENERGY: This stock seems attractive in the energy sector, and the economy is recovering slowly. It has given good returns in 6months, around 132%, and continue its rally in the future.
2.word wizard innovations and mobility: stocks witness massive rallies in 2days after the company announced to increase its sales in upcoming months. The company is working in the electronic vehicle sector and thus has a bright future. Its fundamentals are also satisfactory, and its model joy vehicle has considerable sales growth in the past months.so, we expect as per trend target price of rs200+ in future.
3.Sumitomo chemicals:-2021 year witness favorable monsoon period which surely has positive impacts on crop production. Thats why the chemical sector is expecting to outperform the index in the upcoming months. Stocks are available at a reasonable price, have good management, and improving their financial health continuously. Stock may go around 1000+ in coming years. Investors should wait with patience and hold it for the long term.
4.first source solutions: stocks are also in the portfolio of Rakesh jhunjhunwala and witness a massive rally of more than 300% in 2021.as stocks are working in it sector and have strong fundamentals, stocks will become multi-bagger in the next 1year.currently, stocks are in the overbought zone, so wait and buy around 185 and keep target price of Rs 400 shortly with a strict stop loss of 170.
5.TATA POWER: The power sector will be one of the sectors that will hike up shortly as covid restrictions are relaxed and companies are ready to boost production. As tata is a giant group in the stock market and has a presence in many sectors, including Tata motors in the vehicle sector, tata Alexi in the software sector, and tata chemicals in the chemical industry. So, as the growth of the automobile sector increased post covid 19, power demand automatically increased, and tata group also construct new charging stations currently, so Tata power will be definitely going to be a multi-bagger in the upcoming one to two years. Comparing it with its peers-Adani power and NTPC, Tata power is also available at a reasonable price. Currently, the company has huge debt, but debt is not a big problem for tata group and its management. Stocks have good fundamentals and witness a massive rally in 3-4 previous months and continue to consolidate around 120.so, investors buy the stock around 116-118 with a strict stop loss of 100 and keep the target of RS 300+ in the upcoming year. Patience is a must in stocks like this as Adani power showing huge rallies but continuously falling, so investors should wait with patience rather than selling it in just two to three months. Keep stock in your watchlist, at least.
All views are my personal totally and are only suggestive in nature; investors may or may not follow this advice. It totally depends on you. Investors should check the fundamentals and financials of the company and technical indicators like rsi,mfi, and charts before buying any stock and do not rely on other sources like expert reviews, videos, and news.
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