4 stocks to buy this Diwali!Nov 02, 2021
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Wish you a very Happy Dhanteras and this Diwali will bring you wellbeing, blissfulness and prosperity…
Every year I identify stocks that have the potential to outperform over the next 1 year time horizon and should be there in your portfolio. The research has two stocks from the largecap space and two from midcap. The reason being largecap stocks can act as cushions against any systematic selloff.
last time on Samvat 2077 I gave 4 stocks namely Reliance industries, HDFC Life, Balkrishna Industries, and Atul Ltd. As shown in the above charts, we can see that Balkrishna industries and Atul ltd have already hit their target of more than 70%. Even Reliance industries and HDFC Life stock have shown a maximum return of 37% and 23% respectively in just less than a year.
Balkrishna Industries (daily chart)
Atul ltd (daily chart)
Investment and trading involve risk and there are no guarantees. If you can take a systematic risk there can be rewards accordingly.
I use Neo wave which is an advanced concept of Elliott wave, Hurst’s Time cycles to identify the turning areas, overall long term trends, sectors, and much more to identify such stocks.
Diwali Muhurat Trading is an auspicious day and many investors or traders search for stocks that can be potential Multibagger. Two of our stocks Atul and Balkrishna rallied by more than 70% and achieved the targets in just a year
So which will be top picks for the coming year, 4 stocks that can strongly outperform the potential of giving 60%-70% returns, Get access now
Again, Wish you a wonderful festivities and dispassionate trading is the key for success!