Diwali Muhurat Trading 2019 stocks: Motilal Oswal recommends these 5 shares
Diwali Muhurat Trading is considered to be an auspicious occasion for betting on share market. On this day, stock market opens for an hour so that people can bet on stocks.
Diwali Muhurat Trading is considered to be an auspicious occasion for betting on share market. On this day, stock market opens for an hour so that people can bet on stocks. Diwali Muhurat Trading 2019 is around and the trading window will be available from 6:15 pm to 7:15 pm today. Traders will be able to bet during this time. The investors should gather information on stocks that can give them good returns. Many people who even do not trade in stocks on regular days also bet on this auspicious day. It is important to pick the right share to get a good return. Here are five stocks that brokerage Motilal Oswal has recommended for Diwali Muhurat Trading 2019.
ICICI Bank: The brokerage has recommended this share for Diwali Muhurat Trading 2019 with a price of Rs 451 and target of Rs 520. Stop loss is kept at Rs 420. Upside gain potential is 15 percent, while the downside risk is 7 percent.
ICICI Lombard: Motilal Oswal has given a buy call on this call at a price of Rs 1,295 and the target is Rs 1,500. Stop loss is kept at Rs 1,205. Chandan Taparia, Derivative and Technical Analyst at Motilal Oswal, said that this share holds an upside potential of 16 percent, while the downside risk is 7 percent.
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Bajaj Auto: The brokerage has recommended this share with a price Rs 3,122 and the target is Rs 3580. The trader should stop loss at Rs 2,910.
Voltas: Chandan Taparia, Derivative and Technical Analyst at Motilal Oswal, has recommended this share with a buy price of Rs 693 and the target is set at Rs 800. Stop loss is is kept at Rs 649.
JK Cement: The brokerage has given a buy call for this share with a price of Rs 1,121 and the target price of Rs 1280. The investors should keep stop loss at Rs 1,045.