Stock Market Range Expected To Stay Bound, These Cheap Stocks Can Return To 100%

The stock market closed for the fifth consecutive week on Friday. Nifty has managed to touch 10700 level in Intraday since February 5. Recovery in the global market and better Q4 numbers helped the market. Stock Market Expert says Q4 Earning and Karnataka Elections will dominate the Big Centimental Market for the next few days. Apart from this, the market will be affected by the rupee and crude movements. 

Experts say that the market range will be bound until the Karnataka results come to the Clarity See Stock Specific Stretch In this way, we have selected 5 cheap stocks, where investors can get better returns.

Waiting for clarity in the election

According to Rudra Investment, Karnataka election is crucial for the market till mid-May. The result of the Karnataka election can change the mood of the market. There is less hope of a rally in the market till the time the election comes to clarity. 

The market is in the hope of political stability. To return to the market to foreign investors, it is important to get a signal of political stability. But if there is a sign of different political unsettity, the sale may be seen. They say that unless the cleric comes, the market range will remain bound.

The market will be in the rangebound

Stock Market Expert says that last week Nifty was successful in touching the level of 9700 which is very important for the market. RIL's results have been better, which may trigger a stir in Monday's trading. On the other hand, in addition to the Q4 numbers this week, crude and rupee movements will also be visible in the market. 

Besides, macroeconomic data is also important. In such a situation, the market range is expected to remain in the next few days. From above it is getting a reservation on 10800. Right, there is support from below 9430.

Which stocks will get good returns

LT Foods

LT Foods Limited is a branded speciality Foods Company, which is in the marketing, processing and marketing of branded and non-branded Basmati rice. The company manufactures rice product for Domestic and Overseas Market. 

The company has a stronghold in branded rice market. The company's market is also strong in North America. Brokerage house Angel Broking has set a target of 128 rupees for the stock. For the current price of 91 rupees, the share can get 41% returns.

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