Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (2024)

Subscribe

Sign In

6th Anniversary Offer

Search

+

Business NewsWealthInvestStocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential

    Read. Lead. Succeed. ET Prime - For Members Only
    • Sharp Insight-rich, Indepth stories across 20+ sectors
    • Access the exclusive Economic Times stories, Editorial and Expert opinion
    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (3)

    Generally, a stock is said to be in bearish mode when the short-period moving averages fall below the long-period moving averages.

    Synopsis

    Stocks to buy: Identifying recently corrected stocks with good fundamentals can be effective in the current market. Moving averages help distinguish between stocks in correction and those in a bear trend. Stocks that have seen a recent correction and are fundamentally sound can prove good investment bets.

    The pre-election anxiety coupled with high valuations, a likelihood of a delay in the rate cut and ongoing geopolitical crisis in the Middle East has intensified market volatility in the past few weeks. The India VIX Volatility Index retreated to 21.48 on 24 May 2024 after closing at 21.81 on 21 May 2024, which was the highest since September 2022. It surged over 111% in the last 23 trading days.Of the 2,700 listed companies with a market cap

    BY

    ET Bureau

    12 mins read

    Gift A Story

    Share member-only stories with your friends or family and help them read it for free.

    Gifting Limit Reached!

    Hey , no more stories left for you to gift.

    No worries! You will get a limit of 15 stories next month to share with your friends and family.

    Gift This Story

    Stories Left!

    You can gift upto 15 stories in a month.

    LINK COPIED
    • FONT SIZE

      AbcSmall

      AbcMedium

      AbcLarge

    • SAVE
    • PRINT
    • COMMENT

    Continue reading with one of these options:

    Limited Access

    Free

    Login to get access to some exclusive stories
    & personalised newsletters

    Login Now

    Unlimited Access

    Starting @ Rs120/month

    Get access to exclusive stories, expert opinions &
    in-depth stock reports

    Subscribe Now

    ET

    Uh-oh! This is an exclusive story available for selected readers only.

    Worry not. You’re just a step away.

    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (4)

    Prime Account Detected!

    It seems like you're already an ETPrime member with

    Login using your ET Prime credentials to enjoy all member benefits

    Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (5)Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (6)

    To read full story, subscribe to ET Prime

    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (7) Get Unlimited Access to The Economic Times

    ₹34 per week

    Billed annually at ₹2499 ₹1749

    Already a Member? Sign In now

    Super Saver Sale - Flat 30% Off

    On ET Prime Membership

    Claim Offer »

    Already a Member? Sign In now

    Unlock this story and enjoy all members-only benefits.

    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (8)Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (9)

    Offer Exclusively For You

    Save up to Rs. 700/-

    ON ET PRIME MEMBERSHIP

    Avail Offer

    Offer Exclusively For You

    Get 1 Year Free

    With 1 and 2-Year ET prime membership

    Avail Offer

    Offer Exclusively For You

    Get 1 Year Free

    With 1 and 2-Year ET prime membership

    Avail Offer

    Offer Exclusively For You

    Get Flat 40% Off

    Then ₹ 1749 for 1 year

    Avail Offer

    Offer Exclusively For You

    ET Prime at ₹ 49 for 1 month

    Then ₹ 1749 for 1 year

    Avail Offer

    6th Anniversary Offer

    Get flat 20% off on ETPrime

    Avail Offer

    90 Days Prime access worth Rs999 unlocked for you

    Claim Now

    Already a Member? Sign In now

    '; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '

    ' + h3 + '

    ' + h4 + '

      ' + listing + '

    '; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }

    Why ?

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (10)

      Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (11)

      Stock analysis. Market Research. Industry Trends on 4000+ Stocks

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (12)

      Clean experience with
      Minimal Ads

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (13)

      Comment & Engage with ET Prime community

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (14)

      Exclusive invites to Virtual Events with Industry Leaders

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (15)

      A trusted team of Journalists & Analysts who can best filter signal from noise

    • Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (16)

      ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

    Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential (2024)
    Top Articles
    Latest Posts
    Article information

    Author: Tuan Roob DDS

    Last Updated:

    Views: 6026

    Rating: 4.1 / 5 (62 voted)

    Reviews: 85% of readers found this page helpful

    Author information

    Name: Tuan Roob DDS

    Birthday: 1999-11-20

    Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

    Phone: +9617721773649

    Job: Marketing Producer

    Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

    Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.