Stock Market Trends- Can make great Profits instantly from these trending Stocks

 

Adverse impact of weak global signals and lack of domestic positive factors are holding the market back. Major indices, meanwhile, are losing ground, but interest in on selected mid-cap and small-cap stocks is high.The following are certain small-cap and mid-cap stocks that can be considered for investment.

 

• Birla Soft - Shares of Birlasoft closed at Rs 485 on Thursday. Shares can be bought from this level with a target of Rs 524. 5 paise.com also suggested that the stop loss for this trade should be adjusted to Rs 472. The stock is stable above the 200-day EMA level and has an inverse head & shoulder pattern. 

• LG Equipments - The stock closed at Rs 304 on Thursday. Shares can be bought with a target of Rs 348 from this level. The conclusion is that the target price will cross within the next 3-4 weeks. HDFC Securities also recommended that the stop loss for this trade should be adjusted to Rs 295.

• Indian Oil Corporation - The stock closed at Rs 124 on Thursday. The stock can be bought at this level with a target price of Rs 129.40. Capital via Global suggested the stop loss for the trade should be set at Rs 119.90. 

• Oberoi Realty - The stock closed at Rs 980 today. The stock can be bought with a target price of Rs 1,075 when it crosses the 1,000 level. Capital via Global also suggested setting the stop loss at Rs 940 for this trade.

If this content seems interesting to you , stay tuned for more updates from this space and also watch my previous article on stock market trends. Give your suggestions on comment section.