Analyst View

Essar Oil Delivery Call

Essar oilTechnical Analyst Ashwani Gujral has suggested investors to buy delivery call of Essar Oil in case the stock crosses Rs 220 before 2.00 pm.

Mr. Gujral has recommended this stock for delivery for short term gains as the stock has performed well in an otherwise weak market. Presently, it is trading down 1.2% at Rs 219.10.

Investors need not to worry as it will hit the ground soon. If it drops further, buy it around Rs 210 to achieve a target between Rs 250-340. Keep a stop loss of Rs 190. In medium term it can touch 375 mark.

INOX Leisure Buy Call

InoxIndiabulls has suggested investors to buy INOX Leisure for short term.

Sell Reliance Petroleum

RPLStock Market Analyst Rajat K Bose has suggested the investors to sell Reliance Petroleum as there are full chances of a downward trend in this stock.

If the stock fell below Rs 195, it may see more weakness.

There is also news that global energy major Chevron Corporation may exit Reliance Petroleum (RPL) by selling its 5% stake to Reliance Industries.

Recently, Reliance Industries undertook divestment of 4% stake in RPL for more than Rs 40.23 billion. Presently, Reliance Industries` stake in RPL stands at around 71%.

Binani Cement Buy Call

Binani Ind.Stock Analyst E Mathew has suggested that Binani Cement can be purchased on declines to achieve a short term target of Rs 130. The stock has seen a decent rise in recent trading sessions.

In today’s trading session, the stock has gained 3.8% at Rs 116.95 up till now. But interested investors should wait for sometime.

If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will provide you good returns.

Buy Indian Bank

Indian BankStock analyst Ashwani Gujral is of the view that investors should buy Indian Bank stock around Rs 165 to achieve short term target of Rs 240.

The outlook appears positive, and presently (10:45 am), the stock is hovering near Rs 182. Keep a stop loss of Rs 156. Yesterday, the stock performed well, and closed positively on the BSE.

Mr. Gujral has suggested this stock after analyzing its brilliancy in the last few months. So don’t miss the chance and make huge profit form this stock.

Indian Bank plans to open four more micro-credit branches in Bhubaneswar, New Delhi, Pune, and Bangalore, reports Business Standard.

Bajaj Auto Buy Call

Bajaj AutoTechnical analyst, Rajat K Bose has recommended that Bajaj Auto is looking strong for intraday trading today.

He also suggested that the interested investors can buy the stock with a stop loss below Rs 2460 for targets of Rs 2550 and Rs 2562

The CMP is Rs 2,580.00, up 1.8 percent.

Bajaj Auto announced an extension of its festive season offer of Rs 4,000 discount on 100 cc bike Platina till December, reports Economic Times.

The company slashed prices of Platina to Rs 30,000. The response for the offer has been good, as a result, the company extended this offer till the year end.

Pages