Looking for profitable stocks to invest in this July?
Here are 10 valuable stocks, including big names like Reliance, Tata Motors, and Hero Moto, that could make you substantial profits.
These stocks are expected to rise by 4% to 15% in the next 2 to 3 weeks.
The Nifty 50 index rose by more than 2% last week, thanks to the strong performance of major companies like Reliance Industries, HDFC Bank, and Mahindra & Mahindra.
Expert Recommendations
According to Live Mint, experts are currently advising investors to focus on valuable and technically strong stocks.
Here are 10 stocks recommended by experts that could see significant gains in the coming weeks:
Axis Securities’ Advice
1) Reliance Industries
- Previous Close: ₹3,130.80
- Buying Range: ₹3,100 to ₹3,038
- Target: ₹3,240 to ₹3,330
- Stop Loss: ₹2,985
Upside Potential: 6%
Reliance has shown a breakout above ₹3,035-2,725 on the weekly chart with increased volumes.
The stock took support at the 38% Fibonacci retracement level of the rally from ₹2,220 to ₹3,025, located at ₹2,725.
2) Solara Active Pharma Sciences
- Previous Close: ₹544.90
- Buying Range: ₹525 to ₹515
- Target Price: ₹600 to ₹625
- Stop Loss: ₹480
Upside Potential: 15%
3) Apollo Tyres
- Previous Close: ₹541.90
- Buying Range: ₹535 to ₹525
- Target Price: ₹574 to ₹595
- Stop Loss: ₹508
Upside Potential: 10%
4) Affle (India)
- Previous Close: ₹1,343.70
- Buying Range: ₹1,320 to ₹1,294
- Target Price: ₹1,460 to ₹1,500
- Stop Loss: ₹1,230
Upside Potential: 12%
5) Nestle India
- Previous Close: ₹2,551.65
- Buying Range: ₹2,530 to ₹2,555
- Target Price: ₹2,650
- Stop Loss: ₹2,480
Upside Potential: 4%
6) SBI Life Insurance
- Previous Close: ₹1,491.95
- Buying Range: ₹1,475 to ₹1,495
- Target Price: ₹1,565
- Stop Loss: ₹1,445
Upside Potential: 5%
7) ONGC
- Previous Close: ₹274.20
- Buying Range: ₹272 to ₹276
- Target Price: ₹300
- Stop Loss: ₹260
Upside Potential: 9%
8) Tata Motors
- Previous Close: ₹989.75
- Target Price: ₹1,110
- Stop Loss: ₹925
Upside Potential: 12%
9) Colgate Palmolive (India)
- Previous Close: ₹2,843.15
- Target Price: ₹3,070
- Stop Loss: ₹2,720
Upside Potential: 8%
10) Hero MotoCorp
- Previous Close: ₹5,579.60
- Target Price: ₹6,150
- Stop Loss: ₹5,340
Upside Potential: 10%
These stocks have been chosen based on their strong technical performance and expert analysis.
Keep an eye on them for potential profits this July!
