Technical Analyst, Vijay Bhambwani is of the view that one
should hold State Bank of India (SBI) stock as it can add another Rs 60-70
within the coming days.
SBI has been a great mover and shaker. It is good for
another Rs 60-70 before some quantity of profit taking can enter.
Mumbai: On rapid buying by funds in heavy-weight stocks led by cement sector, the BSE Sensex soared by more than 105 points in early trade. Select stocks from cement, banking, telecom and pharma traded strong while auto stocks led the declines.
The BSE-30 share index, Sensex, which had vanished more than 70 points on yesterday’s closing, rise dramatically by 105.98 points at 14,537.04 in the first five minutes of trading. In the same way, the wide-based National Stock Exchange's index Nifty shot up by 42.45 points at 4,291.40.
Technical Analyst, Sudarshan Sukhani is of the view that investor should hold up Jet Airways stock as it has expectations to rise.
Sukhani stated that it is rising from a long-term bear market. It has really emerged of that, and established a large base, and presently it’s moving in the up-ward direction.