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- The Community Rip India - 17 April
The Community Rip India - 17 April
Hey, everyone! Welcome to today's Community RIP. Here's a preview of everything we'll be covering in today's edition.ππ»
Stocks to Buy: Upto 58% Potential Upside πΈ
BUY Signal on Reliance πͺπ»
Positional Trade Setup on Yes Bank π
Stocktwits Originals: Long Term Investment Ideas πΏ
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After reaching an all-time high of 22,775 last week, the Nifty has retraced its gains this week. Currently trading around 22,175, Nifty appears to be experiencing volatility. Investors are now questioning whether this signifies a trend reversal or an opportunity to buy the dip. π
Several stocks across various sectors are showing upward trends. Brokerages have compiled a list of four stocks that retail investors may consider for the next 12 months. These stocks have the potential for gains of up to 58%, according to bullish outlooks from various brokerages. Here's the list: ππ»
As we mentioned earlier, the Nifty50 is experiencing significant volatility. However, one of its top constituents, Reliance, has had a promising start to 2024. With 12% year-to-date returns, Reliance is among the recent picks of SEBI RA - Vipul Ramaiya. π
According to his analysis, a breakout beyond the 3,000-3,035 levels may pave the way for new highs. Vipul recommends a BUY on the stock. Check out the targets shared here: ππ»
Yes Bank is often called out as one of the investorsβ favourite stocks. With 56% gains in the last 1 year, Yes Bank is looking stronger than ever. π₯
According to SEBI RA - Chirag Jain, the stock has formed its base around Rs 20 and has broken its lower lows and lower high trend. Which means one can expect an upside momentum. Additionally, MACD and RSI indicators are showing strength. Considering this, Chirag is bullish on the stock. Check out the targets and stop loss mentioned by the expert SEBI RA.ππ»
Are you on the lookout for multibagger stocks to invest in? Don't worry, we've got you covered!
In our recent video, we delve into four multibagger stock picks by Jefferies. With detailed reasoning on why one might consider investing in each of these stocks, we also share their respective targets and much more. Watch the video to learn more. ππ»
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