Elite Wealth Advisors Ltd. released Monthly stock portfolio March 2020. Our stock market research analysts always recommends best stock picks to our clients for investing in share market. There are 10 best stocks in this month, for your better portfolio which are given below:

Monthly Stock Picks – March 2020

Company Recommendation Accumulate Price (Rs) Target (Rs) Upside


Time Horizon
Ultratech Cement Accumulate Rs.4200-4238 Rs.4600 9% 1Month
Asian Paints Accumulate Rs.1780-1810 Rs.1950 9% 1Month
HDFC Ltd. Buy Rs.2205 Rs.2350 7% 1Month
Voltas Buy Rs.680 Rs.750 10% 1Month
ICICI Bank Accumulate Rs.490-500 Rs.540 9% 1Month
IGL Accumulate Rs.400-412 Rs.490-500 23% 1Month
Reliance Industries Accumulate Rs.1310-1335 Rs.1450 10% 1Month
Dr. Lal  Path Lab Buy Rs.1722 Rs.1850 7% 1Month
TCS Accumulate Rs.1980-2020 Rs.2150-2200 10% 1Month
Divi’s lab Accumulate Rs.2100-2150 Rs.2350 11% 1Month

**We will consider buy  prices as on 5th March 2020 at 10am for every buy call and in case of

accumulation we wil average out price.

Weightage of Investment (10 Lakh)

Company Amount (Rs) Weightage (%)
Ultratech Cement 100,000 10%
Asian Paints 120,000 12%
HDFC Ltd. 130,000 13%
Voltas 100,000 10%
ICICI Bank 100,000 10%
IGL 100,000 10%
Reliance Industries 100,000 10%
Dr. Lal  Path Lab 80,000 8%
TCS 90,000 9%
Divi’s lab 80,000 8%
Total 1000,000 100%


Note:- Dear Investor in this highly volatile situation if your portfolio closes below 5% (On daily basis) then you can square off your respective position.  



Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more

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