Muhurat Trading 2022 Top Picks: HAL, Rolex Rings to Federal Bank, among other stocks for high returns - check target price, stop loss, and more
These stocks have been doing good on both fundamental and technical fronts.
Muhurat Trading Top Picks: From large cap to broader markets, several analysts suggest Buy on these nine stocks with a long-term view for bumper returns. These stocks have been doing good on both fundamental and technical fronts.
Below is the list of stocks, recommended by the market experts
Vikas Sethi – Sethi Finmart Services
Hindustan Aeronautics Limited (HAL): Buy – Target: Rs 3,250; Period: One year. The defence company stock has almost doubled in 2022, registering nearly 95 per cent returns, while it has gained over 81 per cent in the last one year.
Praj Industries: Buy – Target Rs 575; Period: One Year. The engineering and construction products company has reported moderate returns of over 33 per cent in the last one year. It gained around 25 per cent year-to-date.
Simi Bhaumik – Independent Market Expert
Rolex Rings: Buy – Target: Rs 2600/2850/300; Stop Loss: 1850; Period: One year. The auto components company has registered over 80 per cent returns in the last one year and has gained almost 70 per cent year-to-date.
Ashu Madan – JM Financial
Tata Chemical: Buy – Target: 1450/1550; Period: One year. The Tata Group chemical company has gained nearly 17 per cent in the last one year and over 25 per cent in 2022 so far.
Siddharth Sedani – Anand Rathi Shares and Stock Brokers
Polycab India: Buy – Target: Rs 3389; Period: One year. The cable and electricals manufacturing company has reported a moderate return of almost 16 per cent in the last one year.
Federal Bank: Buy – Target: Rs 150; Period: One year. The mid-cap private bank shares have surged nearly 30 per cent in one year, while over reported over 52 per cent returns year-to-date.
Anupam Rasayan: Buy – Target: 940; Period: One year. The specialty chemical company has underperformed the market by declining nearly 30 and 7 per cent year-to-date and in one year, respectively.
Bectors Food: Buy – Target: 455; Period: One year. The packaged foods company has been muted in the last one year as it dipped by 4 per cent and was flat year-to-date.
Sumeet Bagadia – Choice Broking
NMDC: Buy – Target: 137/142; Stop Loss: 125. The state-owned metal company’s shares have been laggard, down over 7 and 3 per cent in the last one year and year-to-date, respectively.
Kiran Jadhav - Kiran Jadhav & Associates
Finolex Cables: Buy – Target: 600-700; Stoploss: 480; Period: 3 Months. The stock has gained over 10 per cent in the last one year, however, dipped more than 7 per cent year-to-date.
Patanjali Foods: Buy – Target: 1900; Stoploss: 1350; Period: One year. The stock in the last 6 months have gained over 36 per cent on the exchanges.
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