Analyst View

Markets To Trade In Stock Specific Manner, Says Vishwas Agarwal

Stock market analyst Vishwas Agarwal said that the stock market is tradable with 14,555 Stock Markets To Trade In Stock Specific Manner, Says Vishwas Agarwaland 14,786 target on the BSE above 14,350 level.

At the same time BSE below 14,150 and Nifty below 4,252, the stock market will be pessimistic.

On Tuesday (August 26), ADAG group stocks and a few banking stocks bettered the reaction during the second half, but still no clear indication of trend has appeared.

Stock Markets Likely To Open On Strong Note, Says P.K. Agarwal

After opening positively on Thursday (July 31), Indian equities continued to Stock Markets Likely To Open On Strong Note, Says P.K. Agarwalremain volatile all through the day on account of F&O expiry and high inflation figures.

BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.

The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.

Another Tough Day For Stock Market, Says Vishwas Agarwal

Stock market analyst, Vishwas Agarwal warned the investors to stay away Another Tough Day For Stock Marketfrom the stock market as it is trading in a negative mood.

Mr. Agarwal strongly recommends the investors to adopt wait and watch policy.

Today, the 30-share index, Sensex, continued to trade weak and touched a low of 13731.54. Reality, IT and Banking stocks led the declines.

Midcap and Smallcap declined 0.81% and 0.74% respectively

At 10.57 am, the BSE Sensex declined 149.92 points at 13,956.66, while NSE Nifty stood at 4,173.00, down 18.1 points.

Stock Market Is In Bad Mood, Says Vishwas Agarwal

Indian equities, on Thursday (June 19), ended the day on a weak note Stock Market Is In Bad Moodfollowing its Asian counterparts and negative reactions in the US markets.

Asian stocks saw a negative trend, led by auto makers and technology companies influenced by US slow down and decline in the dollar value.

The Sensex ended the day with a loss of 334.32 points at 15,087.99, while the broad-based Nifty closed the day at 4,504.25, down 78.15 points.

Stock market analyst Vishwas Agarwal said that the support levels for the BSE Sensex are set at 15,150, 14,950, and 14,750.

Short Term Buy Call For TCS

Technical Analyst, Rahul Mohindar of Viratechindia is of the view that Tata Consultancy Services (TCS) investors can buy Tata Consultancy Services (TCS) stock to achieve a short term target that lies between Rs 1020-1030.

According to Mr. Mohidar, interested investors can purchase the stock on declines with a strict stop loss of Rs 925.

Shares of the company, on Tuesdaay (May 27), closed at Rs 966.60 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 410209. Current EPS and P/E stood at 46.07 and 21.36 respectively. The share price has seen a 52-week high of Rs 1254 and a low of Rs 730 on BSE.

Short Term Buy Call For Jayshree Tea

Technical Analyst, Rajat K Bose is of the view that investors can buy Jayshree Tea and Industries Jayshree Tea and Industries stock to achieve a short term target that lies between Rs 180-210.

According to him, interested investors can purchase the stock around Rs 157 with a strict stop loss of Rs 152.

Shares of the company, on Wednesday (May 21), closed at Rs 162.35 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 939632. Current EPS and P/E stood at 9.57 and 16.96 respectively. The share price has seen a 52-week high of Rs 185 and a low of Rs 93.5 on BSE.

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