Business Standard

Tata Coffee, MCX, Bajaj Electricals: 5 stocks that can jump up to 25%

Stocks like Bajaj Electricals and NALCO can even surge up to 20 per cent each; while MCX, JK Lakshmi Cement and Tata Coffee are also looking good

Tata Coffee
Premium

Tata Coffee

Avdhut Bagkar Mumbai
Multi Commodity Exchange of India Limited (MCX):
Likely Target: Rs 1,750 and Rs 1,800
Upside Potential: 7% to 10%

After conquering the resistance at Rs 1,650 level in July 2021, the shares of Muti Commodity Exchange of India managed to breakout on the upside. However, selling pressure thereafter forced the stock to retest the consolidation support placed around Rs 1,450 levels. The current reversal and nearing of earlier key levels clearly suggests positive strength can trigger fresh upside towards Rs 1,750 and 1800 in the coming sessions.  CLICK HERE

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