TV18 Broadcast, TTML, SJVN: 5 stocks under Rs 100 that can rally up to 50%

SJVN, Tata Teleservices (Maharashtra) and TV18 Broadcast may rise 50 per cent on resilient charts

Despite the benchmark indices portraying uneasy sentiment, a few selective stocks in two-digit are showcasing enormous buying momentum. These includes SJVN, Tata Teleservices (Maharashtra), GMR Infrastructure, Mangalore Refinery & Petrochemicals and TV18 Broadcast. 

On Tuesday, shares of SJVN and TV18 Broadcast hit a new 52- week high. While Tata Teleservices (Maharashtra), Mangalore Refinery & Petrochemicals and GMR Infrastructure succeeded to hold ground close to their monthly highs.

Here’s the technical outlook of these two-digit stocks appearing lucrative on technical charts:-

SJVN Limited (SJVN)

Likely target: Rs 95

Upside potential: 50%

The counter continues to witness growing momentum in the overbought category of