Analyst View

Balrampur Chini Intraday Buy Call

As per views of technical analyst Rajat K Bose, day traders can purchase Balrampur Chini Balrampur Chini stock on declines to achieve an intraday target of Rs 104.

If the stock market remains positive, the next target for the day will be above Rs above 107. The stop loss marked for the suggested stock is Rs 98.90.

Shares of the company, on Thursday (May 8), closed at Rs 101.60 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3022179. The share price has seen a 52-week high of Rs 127.9 and a low of Rs 49.9 on BSE.

Buy Shiv Vani Oil & Gas Exploration Services

Technical analyst, Ashwani Gujral has advised investors to purchase Shiv Shiv Vani Oil & Gas Exploration Services Vani Oil & Gas Exploration Services stock on declines in order to achieve a short-tern target of Rs 744.

The investors can achieve the target within a period of 5-6 weeks, and the strict stop loss for the suggested stock should be Rs 597.

The stock has great potential to go upside. It can still exhibit superb surge. The long term traders are recommended to hold the stock.

Short Term Buy Call For Reliance Power

Technical analyst, Ashwani Gujral is of the view that investors can buy Reliance Power Reliance Power stock to achieve a short-term target of Rs 460.

According to him, investors can purchase the stock on declines with a stop loss of Rs 400.

The investors can achieve the target within a period of 4-5 weeks. So they are advised not to sell the stock before achieving this price target.

Today, the company’s shares opened at Rs 420, as against its last closure at Rs 419.80 on Thursday (May 8), on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 599.0 and a low of Rs 303.45 on BSE.

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