Mar 20, 2023
In the stock market, margin trading refers to the process whereby individual investors buy more stocks than they can afford to. The process is fairly simple. A margin account provides you the resources to buy more quantities of a stock than you can afford at any point of time. For this purpose, the broker would lend the money to buy shares and keep them as collateral. Under the facility, brokerage ICICI Direct has recommended 8 stocks. Here is a quick look at them:
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CMP: Rs 2185 | Support: Rs 2270 | Buying range: Rs 2370-2400 | Target: Rs 2560 | Potential upside: 17%
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CMP: Rs 1549 | Support: Rs 1560 | Buying range: Rs 1610-1635 | Target: Rs 1740 | Potential upside: 12%
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CMP: Rs 2164 | Support: Rs 2055 | Buying range: Rs 2150-2180 | Target: Rs 2330 | Potential upside: 7.5%
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CMP: Rs 407 | Support: Rs 410 | Buying range: Rs 428-440 | Target: Rs 475 | Potential upside: 17%
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CMP: Rs 4660 | Support: Rs 4530 | Buying range: Rs 4730-4800 | Target: Rs 5240 | Potential upside: 12%
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CMP: Rs 104 | Support: Rs 99 | Buying range: Rs 105-109 | Target: Rs 117 | Potential upside: 12.5%
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CMP: Rs 92 | Support: Rs 89 | Buying range: Rs 94-97 | Target: Rs 106| Potential upside: 15%
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CMP: Rs 482 | Support: Rs 425 | Buying range: Rs 460-475 Target: Rs 518 | Potential upside: 7%
Image Source: iStock
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