Looking for short term returns? These three stocks will give you a 10-14% return in the next 3-4 weeks

A breakout in the trendline means there is more possibility for the stock to gain momentum.

These three stocks will give you a high return.

You can purchase Minda Corporation at Rs. 200-205 after it witnessed a trendline breakout. Nifty was positive for the second consecutive day on Monday as financial services, banking, oil & gas, real estate, and auto were strong. Nifty showed a rangebound movement recently and was up during the latter part of Monday, ending at 84 points higher. It was its highest close since January 17 this year. 

The daily chart has higher bottoms and tops intact. The exponential moving average (EMA) of 50 days has exceeded its EMA of 200 days. It means the Nifty is on a bullish trend for the long term. The MFI (10) and RSI(11) indicate the uptrend's strength. Put writing stands at 17,900-18,000 strikes on the derivative side. It coincides with the swing low we recently saw of 17,957. Nifty's immediate support can be 17,900-18,000 on the downside. Nifty has crossed the resistance level of 18,000-18,100, and there can be a benchmark directional movement. We expect Nifty to reach its all-time high of 18,600 and higher on the upside. Experts advise traders to stay long with a stop loss of 17,900 in Nifty. 

Read: Here's How You Can Get better Returns than NIFTY 50

3 Buy Calls for One Month

Minda Corporation


Last Traded Price: Rs. 205

Stop-Loss: Rs. 195 

Target: Rs. 218-225 

Return: 10% 

The trendline was downward sloping, but the stock broke out. It closed at its highest since October 13 with higher volumes. Its primary trend turned positive when the stock closed over its 200-day EMA. Its MFI (10) and RSI (11) witnessed a trendline breakout, showing a probability of gaining. You can purchase the stock in Rs. 200-205 range. 

Rallis India 


Last Traded Price: Rs. 226.45

Stop-Loss: Rs. 213

Target: Rs. 242-250

Return: 10%

The stock ended with high volumes and broke out from its resistance zone on October 21. It has been trading with lower volumes in a narrow range for the past three weeks. The stock's trend turned positive and is trading above its EMA of 20 days. Technicalities suggest it has reversed its downward trend and can now move upward. You can purchase the stock at Rs. 226-220. 

Read: Invest Here To Get Maximum Return During Inflation



Last Traded Price: Rs 185 

Stop-Loss: Rs. 174 

Target: Rs. 200-210

Return: 14%

The price was stuck at a symmetrical triangle with higher volumes on the weekly chart and has broken out. Its price has been consolidating for around nine weeks. The stock's primary trend is positive and is trading over its 50, 100, and 200 EMA. Experts believe the consolidation will end, and the uptrend will continue. You can purchase the stock at Rs. 180-185. 

After analysis, these three stocks look very attractive for the next 3-4 weeks. You can purchase the stocks at the mentioned prices and hold them until they reach the target prices. While there is no guarantee, we expect the stocks to reach the target prices positively. 

Here are 3 short-term investment stocks 

Disclaimer: This article is intended for general information purposes only and should not be construed as investment or legal advice. You should separately obtain independent advice when making decisions in these areas.


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