Buy quality stock this Diwali in record high market, you can get great returns till next Diwali

Buy quality stock this Diwali in record high market, you can get great returns till next Diwali

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Mumbai . Indian stock markets are trading at record highs before this Diwali. The market has given excellent returns since last Diwali. Investors who have invested in quality stocks have become rich. Before investing this Diwali, know from the market experts in which stocks to invest, which will give you good and safe returns till the next Diwali.

On CNBC-Awaaz, Ashish Chaturmohta of Sanctum Wealth, Chandan Taparia of MOFSL and F&O trader Asit Baran Pati share their Diwali to Diwali earnings pics.

Sanctum Wealth’s Ashish Chaturmohta is a profitable Diwali stock: ICICI BANK
Ashish said that till next Diwali, this banking stock will see good growth. Therefore, the opportunity to buy it at this level should not be missed. Buy it with a stoploss of Rs.699. By next Diwali, a target of Rs 1050 can be seen in this.

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MOFSL’s Chandan Tapadia is a Diwali earning stock: SBI
Chandan Tapadia advised to buy in the biggest government bank. He said that targets of Rs 575 to 600 can be seen in this till Diwali. Also put a stoploss at 444. In this, you should keep doing SIP every month and buy it in pieces.

F&O Trader Asit Baranpati’s Diwali stock is earning: HDFC BANK
Asit Baran Patti has given a buying opinion in HDFC Bank. He said that buy it with a stoploss of Rs 1400. In this, targets of Rs 2200 to 2300 can be seen till Diwali. Higher high is being made in this every four months. Do not take it in one go and keep taking it little by little in dips.

Sanctum Wealth’s Ashish Chaturmohta is a profitable Diwali stock: SONA BLW PRECISION
Ashish said that at this time auto stocks are performing well. Going ahead, companies working in the EV segment in the auto sector will make good profits, so I have made up my mind to bet in this stock. Buy it with a stop loss of Rs 570. By next Diwali, targets of Rs 850 to Rs 900 can be seen in this.

MOFSL’s Chandan Tapdia’s Diwali stock earning: L&T
Chandan Tapadia advised to buy in this stock. He said that targets of Rs 2200 can be seen in this till Diwali. Also put a stoploss at 1600 in it. Bullish pattern is forming in the weekly and daily charts. These are heavy weight counters that can maintain their level in fluctuations.

Diwali stock with F&O trader Asit Baranpati: HDFC
Asit Baranpati has given a buying opinion in HDFC. He said that buy it with a stoploss of Rs 2300. In this, a target of Rs 3600 can be seen till Diwali. He said that according to which the demand for housing is increasing and the real estate sector is gaining momentum. Accordingly, this stock can go up.

Tata Motors
Asit also gave a buying opinion on Tata Motors. He said that Tata Motor is still cheap in terms of valuation. Also, the company is working very fast in the EV space. So its performance is expected to be much better. You can buy Tata Motors till the next Diwali.

(Disclaimer: The views and investment advice on News-18 Hindi are the personal views and opinions of investment experts. News-18 Hindi advises users to consult a certified expert before making any investment decision.)

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