Stock market analysts have maintained ‘buy’ rating on Essar Oil stock with an intraday target of Rs 238.

According to them, interested traders can purchase the stock above Rs 234 with a strict stop loss of Rs 230. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 244.
 
Shares of the company, on Friday (Aug 08), closed at Rs 233.75 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 360 and a low of Rs 48 on BSE.

Anand Rathi Securities has suggested a buy call for Tata Motors with a medium term target of Rs 520. Investors can consider entering the stock at current levels with a stop loss of Rs 399.

Tata Motors looks good for medium term as the 14-day RSI shows signs of stock being oversold. Tata Motors recently announced its plans to foray in to Electric Car market.

Brokerage has also suggested a buy call for JP Associates. Investors can consider buying the stock at current price with a stop loss of Rs 168. The stock can go above Rs 230 levels in medium term. Above Rs 235, the stock may test Rs 255 as well.

Stock market analysts are of the view that investors can buy Gwalior Chemical Industries stock to achieve a short term target of Rs 163.

According to analysts, interested investors can purchase the stock on declines with a strict stop loss of Rs 104.

Today (Aug 08), the company’s shares opened at Rs 113, as against its last closure at Rs 109.70 on Thursday (August 07), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 11.66 and 9.62 respectively. The share price has seen a 52-week high of Rs 127 and a low of Rs 37.05 on BSE.

Stock market analysts are of the view that investors can buy Nagarjuna Fertilizers & Chemicals Ltd stock to achieve a short term target of Rs 52.

According to analysts, interested investors can purchase the stock above Rs 42.8 with a strict stop loss of Rs 39.5.

Today (August 08), the shares of the company opened at Rs 40.45 on the Bombay Stock Exchange (BSE). Current EPS and P/E stood at 0.52 and 79.64 respectively. The share price has seen a 52-week high of Rs 89 and a low of Rs 22.80 on BSE.

As per views of technical analyst Mathew Easow, investors can purchase Tanla Solutions stock above Rs 226 to achieve a short term between Rs 260-278.

The stop loss marked for the suggested stock is Rs 214.

Today (Aug 08), the company’s shares opened at Rs 218.45, as against its last closure at Rs 216.15 on Thursday (August 07), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 9.29 and 23.80 respectively. The share price has seen a 52-week high of Rs 410 and a low of Rs 182.10 on BSE.

Stock market analysts have maintained ‘Sell’ rating on Reliance Petroleum Limited (RPL) stock to achieve a target between Rs 155-157 today.

The investors are advised to sell the stock in order to avoid loss, as there are full chances of a downward trend in this stock.

If the stock fell below Rs 160, it may see more weakness.

According to analysts, investors can sell the stock below Rs 163.4 with a strict stop loss of Rs 166.3.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.