Axis Bank, Voltas, Sagility, Jana SFB: 4 Stock Picks from Nirmal Bang for Up to 50% Upside Nirmal Bang’s analysis on Voltas shows a breakout after a correction phase
Top Stock Picks by Nirmal Bang: Potential Upside of 50%
Investors looking for promising stocks should consider the insights provided by Nirmal Bang. With a keen eye on market trends, they have identified four stocks that hold substantial upside potential. Let’s dive into these recommendations.
1. Axis Bank
Axis Bank has been making headlines with its robust performance and strategic initiatives. As the banking sector continues to rebound, Axis Bank is well-positioned to capitalize on growth opportunities, making it a solid choice for investors.
2. Voltas
Voltas has shown remarkable resilience following a correction phase from Rs 1,944 to Rs 1,135. According to Nirmal Bang, the weekly charts indicate that Voltas has recently broken out of a downward sloping trend line on a closing basis. This technical indicator suggests that the stock could be poised for significant upward movement, making it an attractive pick.
3. Sagility
Sagility is gaining traction in the market due to its innovative solutions and strong client base. As businesses increasingly rely on digital transformation, Sagility’s services are likely to see heightened demand, leading to potential stock appreciation.
4. Jana SFB
Jana Small Finance Bank (SFB) is another stock that has caught the attention of Nirmal Bang. With its focus on financial inclusion and a growing customer base, Jana SFB is well-equipped to navigate the competitive landscape and provide solid returns for investors.
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In conclusion, Axis Bank, Voltas, Sagility, and Jana SFB are stocks to watch, with potential upside of up to 50%. Always conduct your own research and consider your financial goals before investing.
