When it comes to investing in stock market, the volatility aspect is something that discourages conservative retail investors to make big money. And you see, it’s quite difficult to predict the future pricing of stocks unless you have access to company’s inside information ‘which is a crime itself’.
Now the question arises How to make a big money out of stock market, especially in India? And you would be glad to hear that; we’ve come up with a precise and accurate answer that will play as a key to your jackpot. And no, we are not talking about intra-trading or sharp action in futures & options.
Here we’ll talk about a short-period investment of 2 months or in order words, extended swing trading.
Here we’ve selected the top 5 stocks from Indian stock market that will make you rich this Diwali season if you buy those stocks two months prior to Diwali. We’ve picked these stocks on a theme base.
But before proceeding, We would like to explain theme-based stocks to clear all your doubts.
You see, the stock market is sentimental and moves according to the news flow and anticipation of future events. That’s how these theme based stocks work; For instance, all the railway sector related stocks’ prices are bound to surge before and on the day of rail budget announcement.
We followed the same mechanism to pick these stocks for you.
5. Tara Jewels
Target price: Rs 47
Rationale: It always makes sense to invest in jewelry shares before the occurrence of Dhanteras, the first day of the Indian Diwali where people buy gold or silver jewelry and utensils on this day. That accelerates the positives for the shares. And even in 2016, the price of Tara Jewels went to Rs 50 on the occasion of Dhanteras.
Trading Tip: Tara Jewels is likely to meet its targets one week prior to Dhanteras day. So it is advisable to cut your position one week before the event and don’t wait for the Diwali week as investors are likely to discount the Dhanteras Occasion.