Why going long on Maruti Suzuki futures is a good bet
As volatility is expected, risk averse traders can stay away from this trade
The stock of Maruti Suzuki is ruling at a crucial level. The stock finds an immediate support at ₹6,311 and the crucial one at ₹6,247. A close below the latter will change the medium term outlook to negative for Maruti Suzuki, which can drive it down to ₹5,888. The stock finds immediate resistance at ₹6,510 and only a close above ₹6,840 will reconfirm the long-term bullish trend. In that case, Maruti can reach ₹7,740. We expect the stock to be more volatile.
15 Best Dividend Stocks Right Now
The COVID-19 pandemic highlighted the importance of steady and predictable income. In the course of the global pandemic, many investors turned to dividend stocks to cope with the economic downfall. According to a December article that cited research from S&P Global, in 2020, dividend payments for S&P 500 rose to 0.7% to $58.28 per share compared to the previous year. In a 12-month
study published by S&P Global, companies paying dividends post higher returns than those which don’t offer dividends.
Dividend Stock Strategy
Various expert investors and hedge fund managers pay a lot of attention to dividend stocks, including legendary Warren Buffett. The billionaire investor enjoys buying dividend stocks at a discounted price and holds these stocks with the aim of value generation and returns. As of January 2021, Berkshire Hathaway’s portfolio has 31 securities that pay dividends.