Hot Stocks: Bharti Airtel, GE Shipping & Naukri top stocks to buy for short term










On the other hand banks, financials and autos are expected to face pressure amidst the COVID and lockdown uncertainties. Metals are the only bright spot in this market where it will be interesting to see how the markets react post the quarterly results.

Here is a list of stocks for the next 3-4 weeks:

Bharti Airtel: Buy | LTP: Rs 552 | Target: Rs 600 | Stop Loss: Rs 530

After a long consolidation, the counter has given a breakout and cleared the immediate supply zone of Rs 540-550 levels.

The daily charts is suggesting a visible higher high – higher low sequence while the Relative Strength Index has given a buy crossover with supportive volumes.

GE Shipping: Buy | LTP: Rs 344 | Target: Rs 400 | Stop Loss: Rs 320

The stock has given a multi-year breakout above Rs 330-340 zone where the counter has faced resistance on multiple occasions in the last three years.

The breakout is accompanied by huge delivery volumes witnessed over the past few trading sessions, along with buy crossover on the crucial short-term moving averages.

We expect the counter to head sharply higher from current levels and therefore recommend a buy on the stock.Info Edge: Buy | LTP: Rs 4795 | Target: Rs 5150 | Stop Loss: Rs 4620


The stock is in a strong uptrend and over the past few sessions, it has retraced to its short-term support zone of Rs 4700 odd levels.

The stock is placed above the median of the Bollinger band ending towards the upper band, along with strong delivery volumes which supports the bullish stance for the counter.

(The author is VP Research Globe Capital Markets)

Disclaimer: The views and investment tips expressed by the investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

 Source:https://www.moneycontrol.com/news/business/markets/hot-stocks-bharti-airtel-ge-shipping-naukri-top-stocks-to-buy-for-short-term-6855591.html

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