You need to try your luck and try Stocks Offers In August
Due to following Trade conflicts and political unpredictability in Europe’s biggest economy – Germany, the pressure can be felt on the stock markets mostly on Monday’s session. In the last hour of trade in frontline stocks saw the Nifty erasing partial losses to close at 10,657 levels, down 0.53 per cent for the day.
“As long as the Nifty trades below 10,640 levels, we expect the market to retest 10,550 levels which are an important support level for the market while on the upside, if Nifty trades above 10,705 levels, it can rally towards 10,810 levels where the falling resistance connects the highs of 11,172 and 10,929”, says market experts. Stock offers in August will surely make you happy at the end if you invest in the right place. Below is a list of top 4 stocks that could return 8-13 per cent in upcoming 1-2 months.
With a good opening momentum and rise in prices of the stock in Monday’s session, it looks as Asian Paints Limited will continue with the uptrend.
Besides this, The Relative Strength Index also known as RSI in its daily chart has provided a positive crossover while the daily MACD has given a positive crossover as well. Therefore the stock can be bought at current levels and on dips towards Rs 1,280 with a stop loss below Rs 1,250 and a target of Rs 1,400 levels.
Infosys which nowadays seem to be breaking out all-time highs is estimated with the same in the near future as well. The price has also given a breakout from Bollinger band with the expansion of band and closed above the upper band. Therefore, the stock can be bought at current levels and on dips towards Rs 1,320 with a stop loss below Rs 1,290 and a target of Rs 1,450 levels.
Godrej Industries Limited
Considering long-term charts the stock’s performance is towards uptrend in the stock market. Besides this, the daily MACD line has given positive crossover to Godrej Industries Limited. Therefore, the stock can be bought at current levels and on dips to Rs 607 with a stop loss below Rs 585 for a target of Rs 700 levels.
The stock is in a continuous uptrend in the stock market as per the daily and weekly charts. Sundram Fasteners were in a consolidation zone between the levels of Rs 645 and 545 for the past four months with a positive bias.
Therefore, the stock can be bought at current levels and on dips towards Rs 635 with a stop loss below Rs 615 and a target of Rs 720 levels.