Sensex which opened on Monday March 2, 2015 at 29549.14 has declined sharply since than to lose 7.07 percent. Every rally that took place in the month saw heavy profit booking bringing the index down. Below are the three stocks on which you may like to deal in the coming month of April 2015.
Marico Limited is an Indian consumer goods company providing consumer products and services in the areas of health and beauty based in Mumbai. The organization holds a number of brands including Parachute, Saffola, Hair&Care, Nihar, Mediker, Revive, Manjal, Kaya Skin Clinic, Livon, Set Wet, Zatak, Fiancee, HairCode, Eclipse, X-Men, Hercules, Caivil, Code 78 and Black Chic.
CMP: 386.65
Target: 398.00
Stop Loss: 369.00
STFC
Shriram Transport Finance Company Ltd. is on of the India's largest player in commercial vehicle finance. Established in the year 1979, the company has a network of 620 branches and 515 rural centers. It is one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks of Small Truck Owners.
CMP: 1094.00
Target: 1128.00
Stop Loss: 978.00
Shriram Transport Finance Company Ltd. is on of the India's largest player in commercial vehicle finance. Established in the year 1979, the company has a network of 620 branches and 515 rural centers. It is one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks of Small Truck Owners.
CMP: 1094.00
Target: 1128.00
Stop Loss: 978.00
Tech Mahindra
Tech Mahindra Limited is an Indian multinational provider of information technology (IT), networking technology solutions and business support services (BPO) to the telecommunications industry. The Satyam merger also makes the product portfolio more rounded with access to BSFI, manufacturing and retail sectors.
CMP: 646.00
Target: 664.50
Stop Loss: 623.40
Tech Mahindra Limited is an Indian multinational provider of information technology (IT), networking technology solutions and business support services (BPO) to the telecommunications industry. The Satyam merger also makes the product portfolio more rounded with access to BSFI, manufacturing and retail sectors.
CMP: 646.00
Target: 664.50
Stop Loss: 623.40
The targets are provided considering you stay invested in the stocks for the whole month. If the stock moves beyond the target you may keep your position trailing stop loss to the price at which you have bought the stock. Please follow stop loss strictly. Please go through terms & conditions and disclaimer before following any advice.
NOTE: Targets and stop loss are for indicative purpose only. Please apply your understanding to book profits or losses.
