Top Stocks for December 2020 Get up to 28 Percent Return | Must Buy Bank of India Share Union Bank-DLF & More.

  • The Long Confused market has finally seen correction in December 2020
  • Bank of India share price can go up by 28 percent in December.
  • Interglobe Aviation -Indigo Share price can go up by 15 Percent(Buy at every dip )
  • RIL Share price may fall down to 1800



The Last month of 2020 is here and many of you will get relax because the worst year will finally end. in stock market the December month can be rewarding for you if you invest in these top stocks analyzed by the Fund manager of ICIC Direct & ICICI Securities. Lets explore The Top Stocks Picks for December 2020.

Bank of India : This is a must buy script as the BOI has Aquired 49 Percent stack in AXA Investment Managers buy around 48, Target for this is 64 this stock has potential to reach new 52 week high and can touch 70 as well in next quarter.Bank will aquire 49 percent stack in its two subsidiaries. BOI has entered into Share Purchase Agreement(SPA) with AXA Investment mangers Asia Holdings Private limited knowns AXA IM. This transaction will get completed by mid week of December 2020. hence this is a must buy stock.

Union Bank : Another Banking script with great growth, Bank's net profit rise by 55 percent at 517 crore in Q2 which helped this stock to remain in the account of fund managers. quite affordable stock buy at around Rs.29 with target of 38 and stop loss of 24. this stock has upside of 28 percent

HCL Tech : Bluechip stock from the Nifty and sensex index. investment in HCL Tech is always a good decesition. institunaiton investor does daily trading in this stock which keeps momentum in this script and its a good for long term as well. Target for december is Rs.905 stop loss at Rs.815. buy arround 860

DLF : Growth in net profit with incresing profit margin every quarter this company got some serious business from north india and multiple projects are under construction at a same time. keep close eye on this stock. Target for december is at Rs.215 with stop loss of 180 expect 18 percent upside in this script.

ONGC : Another Bluechip stock, ONGC has showed steep upward curve in last 31 days. gained 20 percent in one month.strong cash generating capability turn this stock rising again and again. buy at arround Rs.87-88 target is 95 till last day of December expect 12-15 percent upside.


Comments

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