Stock analysts have suggested investors to sell Reliance Industries stock below Rs 2147 with a stop Loss of Rs 2210 to achieve a target that lies between Rs 2072-Rs 1919.
Market experts are of the view that investors should sell the stock today in order to avoid loss.
After making their profits, the interested investors can re-enter the stock on declines.
Reliance Industries is looking to establish a petrochem complex in Qatar especially for polymer production.
Stock market analysts have suggested the investors to sell Reliance Energy stock as there are full chances of a downward trend in this stock.
The stock is trading weak after opening at Rs 1259, against its last closure at Rs 1270 on the Bombay Stock Exchange (BSE).
Stock analysts also suggested that if the stock fell below Rs 1225, it may see more weakness. So the investors must sell the stock below Rs 1168 with a stop loss of Rs 1218, for targets of Rs 1108 and Rs 999.
As per views of stock analyst, the stock of INOX Leisure is performing well from last few days. Day traders, who are interested in the stock, can purchase it with strict stop loss of Rs 130. The marked price target for this stock is Rs136. If stock performs well, the next revised target will be 146. The down support of the stock is Rs 126.
The day traders who are looking for handsome return in intraday session can go for BALRAMPUR CHINI at around Rs 96, as the stock has shown positive results from last few days.
Market experts have recommended that day traders can purchase the stock with a stop loss of Rs 94 for achieving intraday target of Rs 101. If stock market remains positive, then traders can easily achieve next target of Rs 104.
The stock of BALRAMPUR CHINI is also looking robust to produce the inflation- and bond-beating returns for short term.
India’s first direct to home entertainment service provider DISH TV has shown positive results from last fey days and has ability to leave the traders in sound position.
After analyzing the stock’s performance, market experts have came to the conclusion that stock of DISH TV is looking attractive for day traders in today’s session.
Stock of DISH TV can be bought by traders for intraday dealings at around Rs 68 with strict stop loss of Rs 66 for achieving a target of Rs 75.
Day traders are suggested to purchase GNFC stock in today’s trading session.
According to the market experts, stock can be purchased around Rs 184 with the strict stop loss of Rs 182 for the upper resistant target of Rs 189. If stock remains positive, the next target will be of Rs 193. Stock has down support of Rs 180.
Yesterday (18 Feb), the stock marked its closure at Rs 185.2. The stock has seen a 52-week high of Rs 231 and a low of Rs 86.5.
Balrampur Chini stock can be purchased by day traders in today’s trading session around Rs 96 with a stop loss of Rs 94 for achieving an intraday target of Rs.101.
If the stock markets remain on positive track, the next intraday target for the day is above Rs 104. The stock has down support of Rs 92.
The company’s shares ended positively at Rs 97.60 on Monday on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 127.9 and a low of Rs 49.9.
As per the technical charts, the day traders can purchase Inox Leisure stock with a stop loss of Rs 130 to achieve an upper resistant intraday target of Rs 142. The stock has down support of Rs 126.
If the stock market remains positive, the Inox Leisure stock could easily touch its next intraday target of about Rs 146.
The stock marked its closure at Rs 131.05 on Monday (18 Feb). It stock has seen a 52-week high of Rs 241.7 and a low of Rs 102 on BSE.
As per views of stock market analyst E Mathew, the stock of Oriental Bank of Commerce can be purchased on declines for achieving short term target above Rs 320. The stop loss marked for the suggested stock is Rs 264.
Today, the stock opened at Rs 285 as against its last closure at Rs 279.85 on BSE. Presently (12:20 pm), the stock is trading at Rs 282.60, up 0.98%. On Bombay Stock Exchange, the stock has touched 52-week high of Rs 321 and a low of Rs 156.5.
But the interested investors can purchase the stock on declines.
Stock market analyst Ashwani Gujral has suggested investors to purchase ‘Bajaj Hindustan’ stock to achieve short term target between Rs 307-350.
The stock has performed brilliantly on Monday (18 Feb), and marked its closure at Rs 265. Today, the stock opened at Rs 268 on BSE.
On Bombay Stock Exchange, the stock has touched 52-week high of Rs 399.5 and the low of Rs 115.55. Interested investors can purchase the stock around on declines with a stop loss of Rs 220.
With an EPS of Rs 4.10, the stock is trading with a P/E of 66.53 at 12:16 pm (today).