High Shares to Purchase on Monday – Escorts, IPCA Lab, L&T Know-how Companies are picks for prime returns, Sandeep Jain says
Stocks for sale – escorts – Equity markets ended on highs on Friday, with BSE Sensex and NSE Nifty hitting their highs. The Nifty Mid Cap and Nifty Small Cap Index also shot to their all-time highs. Sandeep Jain’s most important advice for investors is not to be driven by the current market euphoria. He said only top stocks with good fundamentals should be selected for profit.
He said investors should stay invested in the markets and be aware of the exuberance.
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This expert also recommended some stocks for Monday when the market reopens.
Stocks for sale on Monday – Escorts Limited – His first share came from the Futures & Options (F&O) segment. On Monday he recommended Escorts Limited as his top buy. That stock ended Friday at Rs 1219 on the NSE. He sets the intraday target of Rs 1250 while the stop loss is Rs 1201.
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Stocks to buy on Monday – IPCA Lab – Another stock he chose was IPCA Lab. This stock closed at Rs 2047 on the last day of trading of the week. He has set price target at Rs 2090 while stop loss is at Rs 2030. This is a cash market stock and Jain said he was very bullish about this sector and the stock. The 52-week high for this stock is Rs 2460, which the stock hit on October 28, 2020. The 52-week low for this stock is Rs 1,511.10, which it hit on June 16, 2020.
Shares to buy on Monday – L&T Technology Services – He also chose L&T Technology Services as his position choice. This stock was trading at Rs 2873 at the time of the recommendation. He sets the stop loss at Rs 2750 and gives two price targets – Rs 3050 and Rs 3090 respectively. The 52-week high for this stock is Rs 3062.15, which the stock hit on April 9, 2021. The 52-week low for this stock is Rs 1238.80, which it hit on June 25, 2020.