Bharat Electronics: Overview
Bharat Electronics is the first stock highlighted. The recommendation suggests a 'Buy' at ₹426.10. The target price is set at ₹465, offering a potential
profit margin. To mitigate risk, a stop-loss is advised at ₹405, which is a price point where the investor would consider selling the stock to limit losses. The figures clearly indicate potential gains with a safety net to prevent major losses.
Shriram Finance: Analysis
The next recommendation focuses on Shriram Finance, with a 'Buy' recommendation at ₹748.90. The target price is established at ₹825, suggesting a good profit margin if the stock reaches this value. To protect against downturns, the stop-loss level is set at ₹705. This strategy aims to balance risk and potential returns. Investing in Shriram Finance, based on this advice, would require closely monitoring market fluctuations and using the given thresholds.
Canara Bank: Details
The third stock recommended for purchase is Canara Bank. The suggested 'Buy' price is ₹136.99. The target price for Canara Bank is fixed at ₹152, suggesting a profit potential. A stop-loss level of ₹129 is advised. This figure acts as a protective measure to minimize potential losses. Monitoring market trends and adherence to the stop-loss are pivotal in this investment approach. Investors need to carefully watch Canara Bank's performance and consider these guidelines for effective portfolio management.
