Stock Picks: Opportunity to earn huge money in these three stocks

After the fear of recession in the US reduced, the bullish phase returned in the Indian stock market. On Friday, the Sensex showed a jump of about 2 percent, which is its biggest gain in a day during the last two months. Rupak Day, Senior Technical Analyst of LKP Securities, is telling about three stocks, which can make you earn well in this bullish phase.

Sweetness of Balrampur Sugar will increase
The central government is constantly emphasizing on increasing the production of ethanol. It has also indicated an increase in prices. Companies like Balrampur Sugar Mills are expected to benefit from this. LKP Securities has advised to buy Balrampur Sugar at the current level of Rs 525. The target price will be from Rs 550 to Rs 570. At the same time, the stop loss can be kept at Rs 500.

Stock Picks: Opportunity to earn big in three stocks, experts gave big target prices
Balrampur Sugar Mills, Tata Motors and ICICI Lombard have performed very well on the daily and weekly charts. There has also been a strong jump in their trading volume. Momentum indicator RSI is also giving buy signals while doing a positive crossover. In such a situation, you can get a chance to earn in these three stocks. Let us know what is the target price and where to keep the stop loss.

Stock Picks: Opportunity to earn big in three stocks, experts gave big target prices
Tata Motors can give very good returns.

Business Desk, New Delhi. The bullish phase returned in the Indian stock market after the fear of recession in the US decreased. On Friday, the Sensex showed a jump of about 2 percent, which is its biggest gain in a day during the last two months. Rupak Day, Senior Technical Analyst of LKP Securities, is telling about three stocks, which can make you earn well in this bullish phase.

The sweetness of Balrampur sugar will increase
The central government is constantly emphasizing on increasing the production of ethanol. It has also indicated an increase in prices. Companies like Balrampur Sugar Mills are expected to benefit from this. LKP Securities has advised to buy Balrampur Sugar at the current level of Rs 525. The target price will be from Rs 550 to Rs 570. At the same time, the stop loss can be kept at Rs 500.

Tata Motors will also race
The quarterly results and sales figures of Tata Motors were not as per the expectations of the investors. Due to this, some correction was seen in the shares of Tata Motors in the past days. But, now this stock has regained momentum. LKP Securities advises that Tata Motors can be bought at the current level of Rs 1100. It can go up to 1160. At the same time, the stop loss can be kept at Rs 1069.

Earning in ICICI Lombard
There is also a good opportunity to earn in ICICI Lombard General Insurance. It has shown positive signs on the daily chart. You can buy ICICI Lombard up to Rs 2045. It can go up to Rs 2200. This means you can make a profit of Rs 155 per share. At the same time, if we talk about stop loss, you can keep it at Rs 1974.