In the current situation in the market, everyone is making money by doing trading. One thing comes to mind, when everyone is making money, then who is the loser ? Because we know that if people are winning then there is someone who is losing, right ?
People are making a lot of money in positional trading, even if the fundamentals of the stock are right, or it is wrong. Maximum trades are losing your money in intraday trading. All that money is coming to the swing trader’s book. The market conditions are very good for the swinging trading people. Here we are recommending some stocks which are likely to grow in the coming days. You can use these buy calls for swing and position trading.
Bank of Baroda share price target :-
We can see a profit booking now a day in the Indian market. So at this point of the time what else will be a safe sector for investors? Which are trading undervalued and which are favorites of the current market. If we look closely towards PSU banks. All are at near 5 year low prices. Here we found that the Bank of Baroda is trading 82.45. And it makes a break out from a symmetric triangle pattern. In this profit booking market, we saw a good positive price momentum in this share. We are recommending buy this stock for the target of 89 and 95 respectively. And strongly recommended maintaining a stop loss at 77.90.
Mahindra and mahindra :-
Another sector that is trading is undervalued these days in this bull market. If you look at past bull runs. The automobile sector is always a key indicator of the market. It indicates the strength of the economy of the country. If you look at Mahindra and Mahindra stock prices, there we can see a breakout at an ascending triangle pattern. The current share price is trading at 827, with use a stop loss of 802. your target will be 851 and 921 this week. you can also make your own stock selection and analyze target and stop loss. To learn stock market technical analysis for a full stock market trading course, you can join our stock market classes.
Ioc Share Price Target :-
Another sector is at a decade low. Value investment strategy always tells us to invest in those sectors which are in trouble. Buy those sectors where people are fearful to invest in it. In our last blog Top 5 Undervalued Stocks In India, we recommended buying this stock, and we were able to achieve our targets. Now we are again recommending IOC to buy at CMP of 127.40 which is the closing of Friday market. Maitai stop loss of 120.60. Wait for the target of 138 in 2 weeks.
These are the stocks we are recommending strongly from different sectors. Those sectors are under their average sector PE. Even if there is a disturbance in the market, your chances of getting caught are very low.