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News Topical, Digital Desk : Sushil Kedia said that there are 150 to 200 stocks in the market which are ready to gain momentum and where very high returns are expected. On the basis of the chart, with a long term perspective, he has predicted multibagger returns in 2 stocks. According to him, both these stocks have already given multibagger returns to their investors in the long term and now they are preparing for new momentum. According to him, Bata's stock can grow 5 times from here in the next 3 to 4 years. At the same time, he has also predicted Deepak Nitrite to be a multibagger. According to him, after giving multibagger returns, Deepak Nitrite is going in consolidation. With the start of new momentum, the stock can once again give multifold returns. Along with this, he estimates that Indus Tower can grow by 60 to 70 percent from here. At the same time, Kotak Mahindra Bank can reach the level of 2450. However, he clearly said that along with understanding stocks, it is also necessary to understand that big money will be made on big moves, meaning there is a need to keep a long-term view of investment.
What is the special signal for the market? According to Sushil Kedia, the recent steps of the government are special signals for the market. With relief in tax rates and relief in GST, the government has encouraged people to increase spending. At the same time, if the government also keeps increasing spending, then it will be very good for all sectors. Due to this, many new sectors can see momentum.
Read More: Eightco Holdings News: 3000% return in a single day, this stock increased 50 times in intraday
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