2 months ago

Brokerages Recommend Stocks for Short-Term Gains

Brokerages Recommend Stocks for Short-Term Gains
REC, JK Cements, HAL among top trading picks for short term gains; check targets & more · businesstoday.in

Some brokerage firms in India have suggested buying certain stocks like REC Ltd, Mahindra Logistics, Hindustan Aeronautics Ltd, and JK Cements.

They think these stocks could make money in the short term because of their good charts and strong technical indicators.

For example, Mahindra Logistics is showing a bullish pattern, and JK Cements has broken out of a long-term downward trend.

The brokerages have set target prices and stop-loss levels for each stock to help investors make decisions.

Key facts

Mahindra Logistics
Buy | Target Price: Rs 485-489 | Stop Loss: Rs 380
JK Cements
Buy | Target Price: Rs 5,947-6,162.50 | Stop Loss: Rs 5,386
REC Ltd
Buy | Target Price: Rs 388-390 | Stop Loss: Rs 350
Hindustan Aeronautics
Buy | Target Price: Rs 4,747-4,794 | Stop Loss: Rs 4,500
Brokerages
SMC Global Securities, Canara Bank Securities

Sources

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