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- The Community Rip India - 3 April
The Community Rip India - 3 April
Hey, everyone! Welcome to today's Stocktwits Insider. Here's a preview of everything we'll be covering in today's edition ππ»
IPL Special: 5 Stocks to Watch Out πΈ
Stocks to Buy - 44% Potential Upside πͺπ»
Stocktwits Spotlight: Zomato π₯
Positional Trade Setup on Infosys βπ»
Stocktwits Originals: Should You Buy HDFC Bank? πΏ
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IPL 2024 has begun with a bang, and as we enjoy watching our favourite players on the field, let's take a look at which stocks might be on the move in the markets. π€
SEBI Registered Analyst Bharat Sharma, also known as Stock Ace, has shared a comprehensive list of stocks that could potentially benefit from this IPL season. From hotel stocks to broadcasting companies, Bharat has identified 5 such stocks to keep an eye on. Check out the list here on Stocktwits. ππ»
FY25 is off to a flyer! The markets surged to new all-time highs today on the first trading day of the new financial year, following the remarkable performance of FY24. Last year was quite a ride, with the Nifty soaring by an impressive +30%. The benchmark index also reached several milestones, climbing from 17k to 22k. π
However, many experts advise caution for FY25. π¨
Despite this caution, brokerages have recently shared a list of stocks that could potentially see significant upside in the next 12 months. With a potential increase of 44%, here's the list of stocks shared on Stocktwits. ππ»
Zomato has been on a winning streak for nearly a year now, boasting a remarkable 251% return over the past 12 months, making it a top pick among investors. πͺπ»
SEBI Registered Analyst Punam Kucheria remains bullish on the stock and offers interesting reasons to support his stance:
The company has exhibited promising revenue growth in recent quarters, bolstering its strong fundamentals.
From a technical perspective, the stock is consistently achieving higher highs on the weekly chart.
With a potential upside of 45%, Punam recommends a BUY on the stock. Check out the target and stop-loss shared by the expert here. ππ»
Infosys shares have shown a mere 5% gain in the last 1 year. Several traders believe that the stock is on a road to recovery. But SEBI RA Vipul Ramaiya has a different view on this IT giant. π§
Vipul believes that Infosys shares are far from bottoming out. Basically, it means that one can see the weakness to be continued on the stock. Technically, prices are back within the declining channel. Additionally, momentum and volume trends also suggest bearishness. Owing to these factors, Vipul suggests a SELL on the stock. π¨
To know about the targets and stop-loss, check out his analysis here on Stocktwits. ππ»
It's no surprise that HDFC Bank has been one of the biggest underperformers in recent years. But, is the worst priced in or is the more pain in the offing? π§
We try to decode this in our recent video where we analyse the companyβs fundamentals, technicals, brokerage view and SEBI RAs target.ππ»
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