7 Stocks did not fall into the Bear Grip
Experts say finding bull shares in the downtrend market is difficult but not impossible. Indicators say shares that perform well in the bottom-out phase will lead the rally in the next three years. ICICI Direct recognizes and recommends seven shares that are currently performing in the downgrade of such indices. These include
- Britannia Industries,
- Sanofi India
- L&T Infotech,
- Syngene International,
- Dr. Lal path labs,
- Navin Fluorine International,
- India Cements.
In the next year, they are expecting a return of about 19- 24%. The recommendation is based on the performance and technical aspects of the 918 stocks listed on the NSE. The brokerage said it had examined the price structure analysis, the RSI and the dow-theory signals as part of the technical analysis. In addition, the business model of these companies is good.
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