Best stock to buy in cement space for a 14 % return
Best stock to buy in cement space for a 14 % return: The Technical team of Prabhudas Lilladher has given a buy rating for India Cement at the current market price ( CMP Rs 235) for the short-term target of Rs 270 or 14.89 percent return. The stock price of India Cement has touched a 52-Week high of Rs 299 and a low of Rs 145.
Best Stock to Buy Today – India Cement
According to Prabhudas technical analyst team, the stock after the decent correction has bottomed out and consolidated near Rs 224 levels and currently, it has picked up momentum with a positive bullish candle pattern to improve bias.
The RSI is also well placed and indicated a trend reversal from the oversold zone to signal a buy. The research-based broking house Prabhudas Lilladher has suggested India Cement as the best stock to buy for the short term and to accumulate this stock for an upside target of Rs 270 keeping the stop loss of Rs 225.
Also, read Best Options Trading Books in India-Must Read 2022
Tradingview India Review 2022- You Must Read
If you like the post “Best stock to buy in cement space for a 14 % return” please share it with others
Happy Investing!
Editor’s Desk
Disclaimer-
Nifty50Stocks.com has taken due care and caution to compile the data for its Website. The views and investment tips expressed by investment experts on Nifty50Stocks.com are their own and for educational purposes. Nifty50Stocks.com is not SEBI registered Advisors. Nifty50stocks.com advises its users to check with certified and SEBI-registered experts before taking any investment decision. However, Nifty50Stocks.com does not guarantee the accuracy, adequacy, or completeness of any information. Nifty50stocks.com is not responsible for any errors or omissions or the results obtained from the use of such information. Nifty50Stocks.com especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.
