Top 10 moneymaking ideas from experts that could return 5-13% know more

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Top 10 moneymaking ideas from experts that could return 5-13% know more

Global clues will continue to dominate market sentiments in the absence of any major domestic events. The rupee will be in focus as it closed above the Rs 70/$ for the first time

The Indian market consolidated last week with benchmark indices managing to close the week on a positive note. The rupee closed above the Rs 70 per dollar for the first time. Momentum remains strong and experts advise traders to stay longer and use dips as a buying opportunity as long as the index holds 11,340 levels. They see upside resistance at 11,500-11,550 levels.

Global clues will continue to dominate market sentiments in the absence of any major domestic events. The rupee will be in focus as it closed above the Rs 70/$ for the first time. Most experts feel the weakness is likely to continue in the near term largely weighed down by dollar strength and external factors.

Since the last fourteen months, this stock has been vacillating within the boundaries of a triangular pattern. Recently, the stock prices gave a smart surge from the lower boundary and in the course of action managed to configure a positive structure.

Nilkamal, Tata Steel, L&TFH, Sun Pharma, DHFL, Ambuja Cements, Raymond, Yes Bank, Aurobindo Pharma, Tata Chemicals, 

The encouraging part of this move is that we saw huge volume participation, which has picked up substantially. Although, the stock is yet to confirm a breakout from this multi-month ‘Triangle’, we recommend buying this stock with an anticipation of the development.source- www.moneycontrol.com

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