3 stocks can deliver good returns in short term
3 stocks can deliver good returns in short term money making ideas Journey of Nifty When Nifty was launched in April 1996 it was at 1,107 points. Nifty took nearly 18 years to reach the 7,000 milestone while the next 8,000 points took just 6.8 years. Since inception, Nifty is up 14 times in 25 years. Out of the 50 stocks in Nifty, thirteen companies – ITC, HUL, L&T, SBI, Tata Motors, Dr Reddy’s Labs, Tata Steel, Grasim, HDFC Bank, RIL, HDFC, Hero and Hindalco – have been a part of the index’s journey since start. Here are some stocks that analysts recommend for solid gains over the next few weeks: BUY | Indraprastha Gas (IGL) | Target Price: Rs 620-660 | SL: 520 The price is at a crucial support zone of the rising trendline and horizontal support at Rs 520. The 50-period moving average remains above the 200-period average. A spurt in the last couple of days suggests buyers in control of the counter. IGL has the potential to move towards Rs 620 and above that to Rs 660 ov...