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Stocks to Watch for Aug Month

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Sun Pharma

Sun pharma has given good breakout last week. As stock managed to close above 490-505 which was tested a lot of times.
We can expect rally up to 550/600 levels easily.
Support 504

ABFRL

Aditya Birla fashion retail is showing a good move after the recent rights issue by the company.
Buy above128
Support 121
Target 140

Aarti Industries

Specialty chemicals companies are biggest beneficiaries after China US conflicts.
This is time to bet of big players like Aarti Industries.
One can buy near 990
Support 900
Target possible 1050

Varun Beverages Ltd

Varun Beverages is the company which hold franchise licence for Pepsico.
Stock is under consolidation for last 2-3 months.
Breakout possible above 750.

Naukri

During the lockdown, there has been a significant increase in online activities. Naukri could be beneficiary from an increase in online hiring (owner of Naukri.com). The company also holds a stake in Zomato & Policybazzar.com.

UPL

United Phosphorus Limited has recently posted good set of quarterly earnings. This year IMD has predicted good monsoon season which could increase revenue of the company going forward.
UPL Buy @ CMP SL 460 T 504

Titan

Indian festive season is around the corner and Titan holds a good market share in Jewellery & Watches in organized players.
Titan has recently given a breakout and could move going forward.

Godrej Properties

Godrej Properties has been beaten down due to a decrease in a transaction in real estate. It could be a contra bet & could give good returns in the long run.

Advanced Enzymes

Indian Pharma Companies are posting stellar results due to increase in demand for pharmaceuticals after the pandemic.
One can look at Advanced Enzymes as stock has given breakout recently.

Ambuja Cements

As India is going through unlock, demand for construction is picking up.
Ambuja Cements could be beneficiary in this space.

PetroNet

There has been shift towards energy efficient & clean fuel. Investors can explore Petronet.

Adf Foods

Adf Foods have recently given fresh breakout and is trading near all time high levels.

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